Company Valuation: NVIDIA Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 558,100 475,539 1,521,940 3,492,764 4,560,193 5,562,503 - -
Change - -14.79% 220.05% 129.49% 30.56% 21.98% - -
Enterprise Value (EV) 1 547,838 473,196 1,505,665 3,449,554 4,506,105 5,403,152 5,213,076 4,899,393
Change - -13.62% 218.19% 129.11% 30.63% 19.91% -3.52% -6.02%
P/E 58x 111x 51.6x 48.5x 38.3x 23.2x 14.8x 11.6x
PBR 21.3x 21.9x 35.8x 44.6x 29.2x 18.5x 10.4x 6.53x
PEG - -2x 0x 0x 0.6x 0x 0.3x 0.4x
Capitalization / Revenue 20.7x 17.6x 25x 26.8x 21.1x 13.5x 8.21x 6.31x
EV / Revenue 20.4x 17.5x 24.7x 26.4x 20.9x 13.1x 7.69x 5.55x
EV / EBITDA 48.8x 82x 43.7x 41.4x 32.2x 19.9x 11.7x 8.21x
EV / EBIT 43.2x 52.3x 40.5x 39.7x 32.8x 20.1x 11.6x 8.17x
EV / FCF 67.4x 124x 55.7x 56.7x 46.6x 27.8x 16.1x 11.1x
FCF Yield 1.48% 0.8% 1.79% 1.76% 2.15% 3.59% 6.21% 9.01%
Dividend per Share 2 0.016 0.016 0.016 0.07 0.04 0.7571 1.091 1.214
Rate of return 0.07% 0.08% 0.03% 0.05% 0.02% 0.33% 0.47% 0.53%
EPS 2 0.385 0.174 1.193 2.94 4.9 9.942 15.55 19.94
Distribution rate 4.16% 9.2% 1.34% 2.38% 0.82% 7.62% 7.01% 6.09%
Net sales 1 26,914 26,974 60,922 130,497 215,938 411,314 677,828 882,070
EBITDA 1 11,215 5,768 34,480 83,317 140,143 271,404 446,639 596,863
EBIT 1 12,690 9,040 37,134 86,789 137,300 268,876 450,484 599,847
Net income 1 9,752 4,368 29,760 72,880 120,067 242,389 376,287 475,493
Net Debt 1 -10,262 -2,343 -16,275 -43,210 -54,088 -159,351 -349,427 -663,110
Reference price 2 22.32 19.32 61.62 142.62 187.67 230.36 230.36 230.36
Nbr of stocks (in thousands) 25,000,000 24,610,000 24,700,000 24,490,000 24,299,000 24,147,000 - -
Announcement Date 2/16/22 A 2/22/23 A 2/21/24 A 2/26/25 A 2/25/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.17x13.14x19.91x0.33% 5,563B
22.91x11.25x15.24x1.1% 2,022B
38.82x16.3x23.95x0.73% 1,703B
13.99x8.52x10.29x0.05% 1,148B
5.1x3.23x3.9x0.21% 965B
83.32x15.1x56.86x-.--% 780B
-41.53x8.35x23.23x-.--% 503B
201.63x43.72x88.96x-.--% 269B
Average 43.43x 14.95x 30.29x 0.3% 1,619B
Weighted average by Cap. 27.84x 12.68x 21.45x 0.43%

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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  5. Valuation NVIDIA Corporation
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