Company Valuation: Salesforce, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 229,141 166,458 272,095 327,007 198,916 198,096 - -
Change - -27.36% 63.46% 20.18% -39.17% -0.41% - -
Enterprise Value (EV) 1 229,196 163,369 267,327 321,408 203,790 223,849 215,378 208,773
Change - -28.72% 63.63% 20.23% -36.59% 9.84% -3.78% -3.07%
P/E 157x 800x 66.9x 53.7x 27.2x 23x 24.6x 20x
PBR 3.82x 2.86x 4.64x 5.36x 3.41x 4.87x 4.35x 3.97x
PEG - -9.3x 0x 1x 1.2x 0.7x -3.81x 0.9x
Capitalization / Revenue 8.65x 5.31x 7.81x 8.63x 4.79x 4.28x 3.9x 3.55x
EV / Revenue 8.65x 5.21x 7.67x 8.48x 4.91x 4.84x 4.24x 3.75x
EV / EBITDA 27.8x 18.3x 21x 22.4x 12.7x 11.9x 10.6x 9.07x
EV / EBIT 46.3x 23.1x 25.1x 25.7x 14.4x 14.1x 12.1x 10.4x
EV / FCF 43.4x 25.9x 28.1x 25.8x 14.2x 14.9x 13.1x 11.3x
FCF Yield 2.31% 3.86% 3.55% 3.87% 7.07% 6.7% 7.64% 8.83%
Dividend per Share 2 - - - 1.6 1.664 1.731 1.812 1.926
Rate of return - - - 0.47% 0.78% 0.72% 0.75% 0.8%
EPS 2 1.48 0.21 4.2 6.36 7.8 10.45 9.773 12.03
Distribution rate - - - 25.2% 21.3% 16.6% 18.5% 16%
Net sales 1 26,492 31,352 34,857 37,895 41,525 46,297 50,799 55,736
EBITDA 1 8,249 8,903 12,722 14,324 16,100 18,870 20,374 23,028
EBIT 1 4,951 7,068 10,632 12,498 14,156 15,892 17,820 19,982
Net income 1 1,444 208 4,136 6,197 7,457 8,756 8,080 9,675
Net Debt 1 55 -3,089 -4,768 -5,599 4,874 25,753 17,282 10,677
Reference price 2 232.63 167.97 281.09 341.70 212.29 240.70 240.70 240.70
Nbr of stocks (in thousands) 985,000 991,000 968,000 957,000 937,000 823,000 - -
Announcement Date 3/1/22 A 3/1/23 A 2/28/24 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.($)
22.87x3.72x13.01x2.91% 219B
23.04x4.84x11.86x0.72% 198B
17.06x1.86x9.75x2.81% 137B
-120.79x16.73x92.01x-.--% 108B
-511.15x36.29x149.08x-.--% 106B
16.07x2.9x11.18x5.01% 93.97B
22.61x5.86x14.38x2.51% 67.63B
15.19x2.22x9.42x5.13% 49.56B
24.75x2.06x13.03x1.26% 48.6B
Average -54.48x 8.50x 35.97x 2.26% 114.12B
Weighted average by Cap. -48.77x 8.32x 34.40x 2.06%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Salesforce, Inc.

Historical PBR trend

Valuation ratios - PBR - Salesforce, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Salesforce, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Salesforce, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Salesforce, Inc.