Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 892,976 - -
Change - 0.04% 14.67% 77.25% 20.42% -5.96% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 939,613 939,902 941,094
Change - 1.95% 13.66% 71.26% 20% -5.12% 0.03% 0.13%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 38.7x 34.7x 31.4x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.3x 7.51x 7.05x
PEG - -2.7x 0.8x 1.6x 3.3x 6.2x 3x 3x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.19x 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 17.5x 16x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 27.9x 25x 22.6x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 80.7x 58x 50x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.24% 1.72% 2%
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% 0.93% 0.97%
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 1 567,762 605,881 642,637 674,538 706,413 752,233 787,001 825,606
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,090 53,796 58,752
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 98.16 119.14 112.21 112.21 112.21
Nbr of stocks (in thousands) 8,321,635 8,090,400 8,076,701 8,033,386 7,970,167 7,958,079 - -
Announcement Date 17/2/22 21/2/23 20/2/24 20/2/25 19/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
38.69x1.25x19.14x0.89% 893B
27.93x1.19x10.32x0.97% 51.9B
20.47x0.61x11.64x2.63% 39.23B
15.39x0.53x7.78x3.36% 39.03B
11.85x0.34x6.24x2.47% 36.67B
13.11x0.49x6.25x3.55% 35.97B
46.83x0.91x10.69x2.33% 34.29B
21.8x0.73x6.29x1.41% 26.36B
52.55x0.63x10.52x1.03% 24.1B
25.35x0.65x12.59x-.--% 21.91B
Average 27.40x 0.73x 10.14x 1.86% 120.25B
Weighted average by Cap. 35.19x 1.11x 16.55x 1.2%

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

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