Company Valuation: Exelixis, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,784 5,174 7,460 9,510 11,799 13,767 - -
Change - -10.54% 44.19% 27.47% 24.07% 16.68% - -
Enterprise Value (EV) 1 4,317 3,865 6,465 8,399 10,740 12,997 12,036 10,778
Change - -10.45% 67.25% 29.91% 27.88% 21.01% -7.39% -10.45%
P/E 25.4x 28.6x 36.9x 18.9x 15.8x 17.2x 14.8x 12.1x
PBR 2.64x 2.09x 3.21x 4.18x 5.32x 4.91x 3.63x 2.72x
PEG - -1.3x 2.3x 0x 0.3x 1.2x 0.9x 0.5x
Capitalization / Revenue 4.03x 3.21x 4.08x 4.39x 5.09x 5.3x 4.71x 4.26x
EV / Revenue 3.01x 2.4x 3.53x 3.87x 4.63x 5x 4.12x 3.33x
EV / EBITDA 14.4x 17.4x 32.9x 13.3x 11.9x 11.7x 9.61x 6.76x
EV / EBIT 15.1x 19.2x 37.8x 13.9x 12.3x 12.8x 10.1x 7.71x
EV / FCF 12.8x 17.2x 22.1x 12.5x 12.3x 16.4x 12.9x 7.43x
FCF Yield 7.8% 5.8% 4.53% 8% 8.15% 6.08% 7.75% 13.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.72 0.56 0.65 1.76 2.78 3.176 3.691 4.513
Distribution rate - - - - - - - -
Net sales 1 1,435 1,611 1,830 2,169 2,320 2,599 2,922 3,235
EBITDA 1 300.3 222.4 196.6 633.4 901.2 1,107 1,253 1,593
EBIT 1 286.7 201.5 170.9 604.6 872.2 1,016 1,192 1,398
Net income 1 231.1 182.3 207.8 521.3 782.6 818.2 934.3 1,109
Net Debt 1 -1,467 -1,308 -995.3 -1,111 -1,059 -770.1 -1,731 -2,988
Reference price 2 18.28 16.04 23.99 33.30 43.83 54.77 54.77 54.77
Nbr of stocks (in thousands) 316,397 322,561 310,974 285,579 269,203 251,355 - -
Announcement Date 2/17/22 A 2/7/23 A 2/6/24 A 2/11/25 A 2/10/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.25x5x11.74x-.--% 13.77B
34.2x8.53x26.72x0.05% 55.63B
19.78x6x13.04x1.52% 52.25B
-18.16x4.33x-7.56x-.--% 23.07B
-39.15x12.94x-37.74x-.--% 22.41B
21.62x4.23x10.97x-.--% 17.32B
22.36x4.48x14.84x-.--% 15.94B
44.46x16.86x51x-.--% 13.47B
-436.4x29.85x-3327.81x-.--% 12.43B
-74.63x7.55x-67.7x-.--% 11.82B
Average -40.87x 9.98x -331.25x 0.16% 23.81B
Weighted average by Cap. -13.02x 8.73x -166.90x 0.35%

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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  4. Valuation Exelixis, Inc.