Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,920,840 2,532,081 3,321,869 3,697,022 2,770,955 3,689,605 - -
Change - 31.82% 31.19% 11.29% -25.05% 33.15% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,643,139 3,641,115 3,789,175
Change - 32.27% 33.35% 10.77% -24.99% 33.23% -0.06% 4.07%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 25.2x 21x 17.3x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.46x 5.05x 3.93x
PEG - 113.23x 1.7x 2.3x 0.7x 2.58x 1x 0.8x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 9.43x 7.88x 6.5x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.31x 7.77x 6.68x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 15.2x 12.3x 10.2x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 20x 16.8x 14.4x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 113x 80x 43.2x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.89% 1.25% 2.31%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.898 4.26 4.421
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.78% 0.86% 0.89%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.7 23.66 28.76
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.8% 18% 15.4%
Net sales 1 198,270 211,915 245,122 281,724 331,839 391,172 468,371 567,246
EBITDA 1 97,843 103,555 131,720 162,681 198,685 240,272 296,274 369,739
EBIT 1 83,383 89,694 109,433 128,528 155,237 182,061 217,149 262,589
Net income 1 72,738 72,361 88,136 101,832 133,749 147,042 176,466 212,963
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -46,466 -48,490 99,570
Reference price 2 256.83 340.54 446.95 497.41 373.02 496.88 496.88 496.88
Nbr of stocks (in thousands) 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 7,425,545 - -
Announcement Date 26/7/22 25/7/23 30/7/24 30/7/25 29/7/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.22x9.31x15.16x0.78% 3,690B
118.18x51.07x82.89x-.--% 430B
449.83x19.26x75.78x-.--% 90.57B
67.44x14.22x29.99x-.--% 89.16B
152.58x8.92x22.76x-.--% 78.84B
40.99x2.13x16.96x-.--% 75.53B
118.26x5.19x24.1x-.--% 45.23B
-305.31x6.36x21.07x-.--% 42.12B
29.13x5.99x28.72x-.--% 38.3B
Average 77.37x 13.60x 35.27x 0.09% 508.84B
Weighted average by Cap. 43.53x 13.31x 23.43x 0.63%

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

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