Company Valuation: Cigna

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 76,106 101,304 87,625 76,809 73,521 78,818 - -
Change - 33.11% -13.5% -12.34% -4.28% 7.2% - -
Enterprise Value (EV) 1 104,695 126,473 110,733 101,231 97,308 100,165 97,036 91,323
Change - 20.8% -12.45% -8.58% -3.88% 2.94% -3.12% -5.89%
P/E 14.6x 15.6x 17.2x 22.8x 12.4x 12x 10.6x 9.62x
PBR 1.57x 2.21x 1.89x 1.84x 1.74x 1.8x 1.67x 1.52x
PEG - 0.4x -0.9x -0.8x 0.1x 1x 0.8x 1x
Capitalization / Revenue 0.44x 0.56x 0.45x 0.31x 0.27x 0.27x 0.26x 0.25x
EV / Revenue 0.6x 0.7x 0.57x 0.41x 0.35x 0.35x 0.32x 0.29x
EV / EBITDA 9.42x 11x 9.24x 8.38x 7.88x 7.58x 6.82x 6.16x
EV / EBIT 13.2x 15x 13x 10.7x 10.6x 9.69x 8.5x 7.65x
EV / FCF 17.3x 17.2x 10.8x 11.3x 11.6x 12.4x 10.1x 9.65x
FCF Yield 5.77% 5.82% 9.25% 8.85% 8.62% 8.04% 9.94% 10.4%
Dividend per Share 2 4 4.48 4.92 5.6 6.04 6.176 6.437 6.762
Rate of return 1.74% 1.35% 1.64% 2.03% 2.19% 2.07% 2.16% 2.27%
EPS 2 15.73 21.3 17.39 12.12 22.18 24.82 28.16 31.01
Distribution rate 25.4% 21% 28.3% 46.2% 27.2% 24.9% 22.9% 21.8%
Net sales 1 174,078 180,642 195,322 247,099 274,900 287,448 299,163 315,514
EBITDA 1 11,118 11,522 11,980 12,083 12,351 13,223 14,220 14,822
EBIT 1 7,935 8,414 8,536 9,417 9,200 10,339 11,410 11,938
Net income 1 5,365 6,668 5,164 3,434 5,957 6,567 7,521 7,733
Net Debt 1 28,589 25,169 23,108 24,422 23,787 21,347 18,218 12,505
Reference price 2 229.63 331.34 299.45 276.14 275.23 298.28 298.28 298.28
Nbr of stocks (in thousands) 331,428 305,739 292,620 278,153 267,126 264,240 - -
Announcement Date 2/3/22 A 2/3/23 A 2/2/24 A 1/30/25 A 2/5/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.02x0.35x7.58x2.07% 78.82B
21.24x0.94x13.58x2.2% 368B
18.79x0.57x10.67x1.63% 91.07B
56.88x0.35x20.16x0.86% 49.82B
18.11x0.15x10.07x-.--% 34.02B
58.02x0.22x13.32x-.--% 10.39B
9.89x0.62x11.01x4.64% 8.09B
82.01x0.81x29.96x-.--% 2.46B
21.57x1.43x8.26x-.--% 2.13B
59.09x0.24x8.52x-.--% 1.67B
Average 35.76x 0.57x 13.31x 1.14% 64.68B
Weighted average by Cap. 23.13x 0.71x 12.76x 1.86%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cigna

Historical PBR trend

Valuation ratios - PBR - Cigna

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cigna

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cigna


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cigna