Company Valuation: Amgen Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 126,718 140,139 154,142 140,103 176,250 207,874 - -
Change - 10.59% 9.99% -9.11% 25.8% 17.94% - -
Enterprise Value (EV) 1 151,990 169,779 207,811 188,229 221,725 249,547 244,633 239,356
Change - 11.7% 22.4% -9.42% 17.8% 12.55% -1.97% -2.16%
P/E 21.9x 21.7x 23.1x 34.5x 23x 25.3x 23.2x 22.3x
PBR 18.7x 38.3x 24.7x 23.8x 20.4x 19.4x 16.3x 13.4x
PEG - 1.2x 7.36x -0.9x 0.3x 3.61x 2.58x 5.47x
Capitalization / Revenue 4.88x 5.32x 5.47x 4.19x 4.8x 5.51x 5.38x 5.23x
EV / Revenue 5.85x 6.45x 7.37x 5.63x 6.03x 6.61x 6.33x 6.03x
EV / EBITDA 9.61x 10.5x 11.9x 9.13x 10.4x 11.7x 11.4x 11.2x
EV / EBIT 12.2x 13.3x 15.5x 12.5x 13.7x 15.1x 14.4x 13.7x
EV / FCF 18.1x 19.3x 28.2x 18.1x 27.4x 19.4x 16.6x 15.8x
FCF Yield 5.51% 5.17% 3.54% 5.52% 3.65% 5.15% 6.04% 6.34%
Dividend per Share 2 7.04 7.76 8.52 9 9.52 10.09 10.66 11.12
Rate of return 3.13% 2.95% 2.96% 3.45% 2.91% 2.62% 2.77% 2.89%
EPS 2 10.28 12.11 12.49 7.56 14.23 15.23 16.6 17.27
Distribution rate 68.5% 64.1% 68.2% 119% 66.9% 66.2% 64.2% 64.4%
Net sales 1 25,979 26,323 28,190 33,424 36,751 37,735 38,661 39,723
EBITDA 1 15,822 16,178 17,470 20,620 21,370 21,398 21,537 21,442
EBIT 1 12,424 12,761 13,399 15,028 16,203 16,488 16,989 17,479
Net income 1 5,893 6,552 6,717 4,090 7,711 8,208 8,831 9,271
Net Debt 1 25,272 29,640 53,669 48,126 45,475 41,673 36,759 31,482
Reference price 2 224.97 262.64 288.02 260.64 327.31 385.16 385.16 385.16
Nbr of stocks (in thousands) 563,266 533,579 535,178 537,533 538,481 539,708 - -
Announcement Date 7/2/22 31/1/23 6/2/24 4/2/25 3/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.29x6.61x11.66x2.62% 208B
35.03x12.19x25.61x0.59% 1,024B
27.48x6.29x17.54x2.1% 618B
32.57x7.42x15.36x2.76% 443B
19.7x4.68x11.59x2.83% 349B
22.21x5.74x14.32x2.8% 297B
21.76x4.48x12.7x1.96% 264B
13.48x5.05x10.4x3.71% 209B
-46.92x5.63x31.08x2.53% 162B
12.69x3.11x7.86x6.88% 143B
Average 16.33x 6.12x 15.81x 2.88% 371.63B
Weighted average by Cap. 23.90x 7.52x 17.83x 2.2%

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

  1. Stock Market
  2. Stocks
  3. AMGN Stock
  4. Valuation Amgen Inc.