Company Valuation: NVIDIA Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 558,100 475,539 1,521,940 3,492,764 4,560,193 5,434,765 - -
Change - -14.79% 220.05% 129.49% 30.56% 19.18% - -
Enterprise Value (EV) 1 547,838 473,196 1,505,665 3,449,554 4,506,105 5,276,612 5,095,530 4,826,785
Change - -13.62% 218.19% 129.11% 30.63% 17.1% -3.43% -5.27%
P/E 58x 111x 51.6x 48.5x 38.3x 22.6x 14.5x 11.2x
PBR 21.3x 21.9x 35.8x 44.6x 29.2x 17.8x 9.88x 6.08x
PEG - -2x 0x 0x 0.6x 0x 0.3x 0.4x
Capitalization / Revenue 20.7x 17.6x 25x 26.8x 21.1x 13.2x 7.96x 6.08x
EV / Revenue 20.4x 17.5x 24.7x 26.4x 20.9x 12.8x 7.46x 5.4x
EV / EBITDA 48.8x 82x 43.7x 41.4x 32.2x 19.4x 11.4x 8.09x
EV / EBIT 43.2x 52.3x 40.5x 39.7x 32.8x 19.6x 11.3x 8.01x
EV / FCF 67.4x 124x 55.7x 56.7x 46.6x 27.2x 15.7x 10.9x
FCF Yield 1.48% 0.8% 1.79% 1.76% 2.15% 3.68% 6.36% 9.14%
Dividend per Share 2 0.016 0.016 0.016 0.07 0.04 0.7574 1.091 1.214
Rate of return 0.07% 0.08% 0.03% 0.05% 0.02% 0.34% 0.48% 0.54%
EPS 2 0.385 0.174 1.193 2.94 4.9 9.968 15.57 20.07
Distribution rate 4.16% 9.2% 1.34% 2.38% 0.82% 7.6% 7% 6.05%
Net sales 1 26,914 26,974 60,922 130,497 215,938 411,558 682,733 893,381
EBITDA 1 11,215 5,768 34,480 83,317 140,143 271,568 447,752 596,721
EBIT 1 12,690 9,040 37,134 86,789 137,300 268,844 452,269 602,603
Net income 1 9,752 4,368 29,760 72,880 120,067 242,920 376,752 478,817
Net Debt 1 -10,262 -2,343 -16,275 -43,210 -54,088 -158,153 -339,236 -607,981
Reference price 2 22.32 19.32 61.62 142.62 187.67 225.07 225.07 225.07
Nbr of stocks (in thousands) 25,000,000 24,610,000 24,700,000 24,490,000 24,299,000 24,147,000 - -
Announcement Date 16/2/22 22/2/23 21/2/24 26/2/25 25/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.58x12.82x19.43x0.34% 5,435B
23.01x11.3x15.32x1.09% 2,020B
38.27x16.13x23.69x0.74% 1,684B
14.84x9.07x10.93x0.05% 1,222B
110.32x19.99x75.97x-.--% 1,029B
5.27x3.41x4.12x0.19% 1T
-53.29x10.61x29.52x-.--% 646B
246.14x54.08x110.16x-.--% 331B
Average 50.89x 17.18x 36.14x 0.3% 1,671B
Weighted average by Cap. 31.25x 13.43x 24.52x 0.41%

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