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 3,869,762 - -
Change - 31.82% 31.19% 11.29% -25.05% 39.65% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,817,921 3,822,416 3,969,049
Change - 32.27% 33.35% 10.77% -24.99% 39.63% 0.12% 3.84%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 26.4x 22.1x 17.7x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.79x 5.31x 4.14x
PEG - 113.23x 1.7x 2.3x 0.7x 2.69x 1.1x 0.7x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 9.89x 8.26x 6.79x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.75x 8.16x 6.96x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 15.9x 12.9x 10.6x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 20.9x 17.6x 15.1x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 110x 77.4x 40.5x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.91% 1.29% 2.47%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.87 4.264 4.478
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.74% 0.82% 0.86%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.71 23.61 29.42
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.6% 18.1% 15.2%
Net sales 1 198,270 211,915 245,122 281,724 331,839 391,383 468,555 570,001
EBITDA 1 97,843 103,555 131,720 162,681 198,685 239,849 295,798 372,995
EBIT 1 83,383 89,694 109,433 128,528 155,237 182,397 217,479 262,869
Net income 1 72,738 72,361 88,136 101,832 133,749 146,991 176,108 216,695
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -51,842 -47,346 99,287
Reference price 2 256.83 340.54 446.95 497.41 373.02 521.08 521.08 521.08
Nbr of stocks (in thousands) 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 7,426,427 - -
Announcement Date 7/26/22 A 7/25/23 A 7/30/24 A 7/30/25 A 7/29/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.44x9.75x15.92x0.74% 3,870B
126.43x55.94x91.06x-.--% 471B
18.9x5.5x9.58x1.59% 381B
225.19x19.61x57.41x-.--% 284B
29.88x6.1x19.08x1.25% 278B
2379.4x39.78x130.12x-.--% 244B
99.58x9.89x26.46x-.--% 162B
56.07x15.15x39.92x-.--% 128B
14.83x3.94x8.25x-.--% 105B
Average 330.75x 18.41x 44.20x 0.4% 658.2B
Weighted average by Cap. 143.02x 14.71x 29.01x 0.65%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Microsoft Corporation

Historical PBR trend

Valuation ratios - PBR - Microsoft Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Microsoft Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Microsoft Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Microsoft Corporation
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