Company Valuation: Philips NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,462 12,091 18,834 22,791 22,101 20,790 - -
Change - -55.97% 55.77% 21.01% -3.03% -5.93% - -
Enterprise Value (EV) 1 32,138 18,178 24,651 28,027 27,392 25,441 25,054 24,102
Change - -43.44% 35.61% 13.69% -2.27% -7.12% -1.52% -3.8%
P/E 8.98x -7.69x -41.3x -32.8x 25x 17.4x 16x 13.5x
PBR 1.97x 0.93x 1.61x 1.91x 2.02x 1.75x 1.68x 1.58x
PEG - 0x 0.6x -0.6x -0x 0.6x 1.78x 0.7x
Capitalization / Revenue 1.6x 0.68x 1.04x 1.26x 1.24x 1.16x 1.11x 1.06x
EV / Revenue 1.87x 1.02x 1.36x 1.56x 1.54x 1.42x 1.34x 1.23x
EV / EBITDA 10.8x 7.89x 8.66x 9.4x 8.99x 7.91x 7.49x 6.66x
EV / EBIT 15.6x 13.8x 12.8x 13.5x 12.5x 10.9x 10.2x 8.88x
EV / FCF 35.7x -18.9x 15.6x 30.9x 53.5x 19.6x 18.1x 13.9x
FCF Yield 2.8% -5.29% 6.42% 3.23% 1.87% 5.1% 5.53% 7.2%
Dividend per Share 2 0.7868 0.7868 0.8219 0.8428 0.85 0.8611 0.8565 0.8864
Rate of return 2.59% 6.07% 4.03% 3.45% 3.66% 4.05% 4.03% 4.17%
EPS 2 3.379 -1.685 -0.4932 -0.7437 0.93 1.22 1.33 1.572
Distribution rate 23.3% -46.7% -167% -113% 91.4% 70.6% 64.4% 56.4%
Net sales 1 17,156 17,827 18,169 18,021 17,834 17,927 18,721 19,561
EBITDA 1 2,985 2,305 2,845 2,982 3,046 3,218 3,346 3,618
EBIT 1 2,054 1,318 1,921 2,077 2,195 2,337 2,450 2,714
Net income 1 3,319 -1,608 -466 -702 895 1,175 1,330 1,582
Net Debt 1 4,676 6,087 5,817 5,236 5,291 4,651 4,264 3,312
Reference price 2 30.33 12.96 20.39 24.40 23.24 21.27 21.27 21.27
Nbr of stocks (in thousands) 905,498 932,751 923,773 934,049 950,979 977,427 - -
Announcement Date 1/24/22 A 1/30/23 A 1/29/24 A 2/19/25 A 2/10/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.54x5.7x21.86x0.28% 242B
36.27x6.5x20.6x0.66% 150B
42.48x11.22x24.76x-.--% 138B
16.11x3.32x10.81x-.--% 61.74B
33.65x6.72x21.27x-.--% 49.08B
18.6x2.27x11.53x2.71% 47.43B
32.68x6.47x21.96x0.62% 47.3B
41.85x10.08x22.22x-.--% 44.25B
74.44x7.11x21.64x-.--% 41.78B
Average 36.51x 6.60x 19.63x 0.47% 91.4B
Weighted average by Cap. 35.56x 6.81x 20.67x 0.39%

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