Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 3,87,816 3,87,989 4,44,892 7,88,557 9,49,566 8,90,032 - -
Change - 0.04% 14.67% 77.25% 20.42% -6.27% - -
Enterprise Value (EV) 1 4,15,887 4,23,986 4,81,916 8,25,310 9,90,362 9,36,668 9,36,957 9,38,149
Change - 1.95% 13.66% 71.26% 20% -5.42% 0.03% 0.13%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 38.6x 34.6x 31.3x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.27x 7.49x 7.02x
PEG - -2.7x 0.8x 1.6x 3.3x 6.18x 3x 3x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.18x 1.13x 1.08x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.25x 1.19x 1.14x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 19.1x 17.4x 16x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 27.8x 24.9x 22.6x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 80.4x 56.5x 49.8x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.24% 1.77% 2.01%
Dividend per Share 2 0.7333 0.7467 0.76 0.83 0.94 0.9971 1.048 1.091
Rate of return 1.57% 1.56% 1.38% 0.85% 0.79% 0.89% 0.94% 0.98%
EPS 2 1.623 1.423 1.913 2.41 2.73 2.9 3.237 3.576
Distribution rate 45.2% 52.5% 39.7% 34.4% 34.4% 34.4% 32.4% 30.5%
Net sales 1 5,67,762 6,05,881 6,42,637 6,74,538 7,06,413 7,52,240 7,87,028 8,25,662
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,090 53,797 58,753
EBIT 1 26,050 24,602 27,012 29,504 31,096 33,731 37,597 41,560
Net income 1 13,673 11,680 15,511 19,436 21,893 23,135 25,841 28,431
Net Debt 1 28,071 35,997 37,024 36,753 40,796 46,637 46,926 48,118
Reference price 2 46.60 47.96 55.08 98.16 119.14 111.84 111.84 111.84
Nbr of stocks (in thousands) 83,21,635 80,90,400 80,76,701 80,33,386 79,70,167 79,58,079 - -
Announcement Date 17/02/22 21/02/23 20/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.7x1.18x10.24x0.98% 5.14TCr
21.17x0.62x11.94x2.54% 4.06TCr
15.59x0.54x7.9x3.31% 3.97TCr
13.2x0.5x6.29x3.52% 3.64TCr
11.53x0.33x6.12x2.54% 3.57TCr
45.48x0.89x10.47x2.39% 3.33TCr
22.07x0.74x6.35x1.39% 2.67TCr
50.3x0.62x10.29x1.08% 2.33TCr
26.85x0.67x13.07x-.--% 2.3TCr
Average 25.99x 0.68x 9.18x 1.97% 3.44TCr
Weighted average by Cap. 24.79x 0.70x 9.13x 2.08%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield