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 3,450,800 - -
Change - 31.82% 31.19% 11.29% -25.05% 24.53% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,770,955 3,409,813 3,405,921 3,450,822
Change - 32.27% 33.35% 10.77% -23.99% 23.06% -0.11% 1.32%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 23.7x 19.8x 16.6x
PBR 11.5x 12.3x 12.4x 10.8x - 6.07x 4.72x 3.69x
PEG - 113.23x 1.7x 2.3x 0.7x 2.52x 1x 0.9x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 8.83x 7.41x 6.17x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.35x 8.73x 7.32x 6.17x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.9x 14.2x 11.6x 9.36x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.8x 18.8x 15.8x 13.4x
EV / FCF 28.6x 41.5x 44.4x 50.9x - 112x 73.6x 41.3x
FCF Yield 3.49% 2.41% 2.25% 1.96% - 0.89% 1.36% 2.42%
Dividend per Share 2 2.48 2.72 3 3.32 - 3.995 4.322 4.474
Rate of return 0.97% 0.8% 0.67% 0.67% - 0.86% 0.93% 0.96%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.64 23.51 28
Distribution rate 25.7% 28.1% 25.4% 24.3% - 20.3% 18.4% 16%
Net sales 1 198,270 211,915 245,122 281,724 331,839 390,733 465,583 559,532
EBITDA 1 97,843 103,555 131,720 162,681 198,685 239,354 294,095 368,708
EBIT 1 83,383 89,694 109,433 128,528 155,237 181,813 215,626 257,460
Net income 1 72,738 72,361 88,136 101,832 133,749 146,694 173,968 208,535
Net Debt 1 -54,976 -64,025 -30,606 -51,414 - -40,987 -44,879 22.86
Reference price 2 256.83 340.54 446.95 497.41 373.02 464.72 464.72 464.72
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.($)
23.66x8.73x14.25x0.86% 3,451B
91.04x36.73x61.23x-.--% 295B
484.04x20.87x83.79x-.--% 95.39B
70.97x14.93x31.47x-.--% 93.64B
144.06x8.46x21.6x-.--% 74.44B
35.52x1.87x14.62x-.--% 65.38B
118.38x5.19x25.41x-.--% 45.4B
-24.02x3.44x18.95x-.--% 25.43B
20.14x3.78x10.43x1.4% 30.53B
93.27x4.83x23.25x-.--% 29.95B
Average 105.71x 10.88x 30.50x 0.23% 420.6B
Weighted average by Cap. 43.40x 10.86x 19.82x 0.72%

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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  3. MSFT Stock
  4. Valuation Microsoft Corporation