Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,040,304 1,920,840 2,532,081 3,321,869 3,697,022 3,083,692 - -
Change - -5.86% 31.82% 31.19% 11.29% -16.59% - -
Enterprise Value (EV) 1 1,968,116 1,865,864 2,468,056 3,291,263 3,645,608 3,034,762 3,035,993 3,004,537
Change - -5.2% 32.27% 33.35% 10.77% -16.76% 0.04% -1.04%
P/E ratio 33.7x 26.6x 35.2x 37.9x 36.5x 24x 21.3x 18.1x
PBR 14.3x 11.5x 12.3x 12.4x 10.8x 6.89x 5.25x 4.2x
PEG - 1.3x 113.23x 1.7x 2.3x 0.9x 1.7x 1x
Capitalization / Revenue 12.1x 9.69x 11.9x 13.6x 13.1x 9.36x 8.03x 6.81x
EV / Revenue 11.7x 9.41x 11.6x 13.4x 12.9x 9.21x 7.91x 6.63x
EV / EBITDA 24.1x 19.1x 23.8x 25x 22.4x 15.3x 12.7x 10.3x
EV / EBIT 28.1x 22.4x 27.5x 30.1x 28.4x 19.7x 17x 14.3x
EV / FCF 35.1x 28.6x 41.5x 44.4x 50.9x 46.5x 51.3x 44x
FCF Yield 2.85% 3.49% 2.41% 2.25% 1.96% 2.15% 1.95% 2.27%
Dividend per Share 2 2.24 2.48 2.72 3 3.32 3.686 4.036 4.37
Rate of return 0.83% 0.97% 0.8% 0.67% 0.67% 0.89% 0.97% 1.05%
EPS 2 8.05 9.65 9.68 11.8 13.64 17.32 19.5 22.99
Distribution rate 27.8% 25.7% 28.1% 25.4% 24.3% 21.3% 20.7% 19%
Net sales 1 168,088 198,270 211,915 245,122 281,724 329,462 383,929 452,944
EBITDA 1 81,602 97,843 103,555 131,720 162,681 198,185 239,005 291,171
EBIT 1 69,916 83,383 89,694 109,433 128,528 153,675 178,544 209,721
Net income 1 61,271 72,738 72,361 88,136 101,832 129,172 145,170 169,900
Net Debt 1 -72,188 -54,976 -64,025 -30,606 -51,414 -48,929 -47,699 -79,155
Reference price 2 270.90 256.83 340.54 446.95 497.41 415.12 415.12 415.12
Nbr of stocks (in thousands) 7,531,575 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 - -
Announcement Date 7/27/21 A 7/26/22 A 7/25/23 A 7/30/24 A 7/30/25 A - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.96x9.21x15.31x0.89% 3,084B
103.36x41.59x69.08x-.--% 330B
142.97x32.51x110.02x0.06% 109B
80.69x16.22x34.69x-.--% 100B
210.91x11.01x25.11x-.--% 98.94B
27.42x1.51x11.09x-.--% 53.12B
-121.01x6.22x37.88x-.--% 40.82B
30.94x4.64x10.77x-.--% 32.18B
93.73x4.93x24.29x-.--% 30.61B
20.17x3.69x10.28x1.42% 30.3B
Average 61.31x 13.15x 34.85x 0.24% 390.93B
Weighted average by Cap. 39.29x 12.57x 23.42x 0.71%

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

  1. Stock Market
  2. Equities
  3. MSFT Stock
  4. Valuation Microsoft Corporation