Company Valuation: Starbucks Corporation

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 131,717 99,950 104,323 110,328 94,789 117,834 - -
Change - -24.12% 4.38% 5.76% -14.08% 24.31% - -
Enterprise Value (EV) 1 139,715 112,176 116,171 122,611 107,644 129,331 129,629 129,718
Change - -19.71% 3.56% 5.54% -12.21% 20.15% 0.23% 0.07%
P/E 31.6x 30.8x 25.4x 29.4x 51.2x 51.2x 34.7x 29.1x
PBR -24.8x -11.5x -13x -14.8x -11.7x -13.9x -14.1x -15.4x
PEG - -1.5x 1x -3.9x -1x 2.1x 0.7x 1.5x
Capitalization / Revenue 4.53x 3.1x 2.9x 3.05x 2.55x 3.13x 3.07x 2.9x
EV / Revenue 4.81x 3.48x 3.23x 3.39x 2.89x 3.44x 3.38x 3.19x
EV / EBITDA 21.5x 18.3x 16.2x 17.7x 20x 23x 19.9x 17.3x
EV / EBIT 26.6x 23.1x 20x 22.7x 29.2x 32.4x 26.4x 22x
EV / FCF 30.9x 43.9x 31.6x 37x 44.1x 45.6x 36.4x 31.6x
FCF Yield 3.23% 2.28% 3.16% 2.71% 2.27% 2.19% 2.75% 3.16%
Dividend per Share 2 2.29 2 2.16 2.32 2.45 2.519 2.615 2.698
Rate of return 2.05% 2.3% 2.37% 2.38% 2.94% 2.44% 2.53% 2.61%
EPS 2 3.54 2.83 3.58 3.31 1.63 2.019 2.977 3.559
Distribution rate 64.7% 70.7% 60.3% 70.1% 150% 125% 87.8% 75.8%
Net sales 1 29,061 32,250 35,976 36,176 37,184 37,615 38,326 40,612
EBITDA 1 6,501 6,136 7,164 6,921 5,376 5,624 6,509 7,489
EBIT 1 5,262 4,855 5,801 5,409 3,692 3,993 4,914 5,884
Net income 1 4,199 3,282 4,124 3,761 1,856 2,294 3,376 4,021
Net Debt 1 7,998 12,226 11,848 12,282 12,855 11,498 11,795 11,884
Reference price 2 111.71 87.11 91.08 97.36 83.39 103.39 103.39 103.39
Nbr of stocks (in thousands) 1,179,100 1,147,400 1,145,400 1,133,200 1,136,700 1,139,700 - -
Announcement Date 10/28/21 A 11/3/22 A 11/2/23 A 10/30/24 A 10/29/25 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
50.61x3.4x22.75x2.46% 118B
24.41x1.23x12.1x2.27% 54.46B
19.55x1.93x11.85x2.9% 23.13B
11.87x1.68x7.51x3.2% 11.06B
141.26x5.88x45.98x-.--% 9.29B
25.1x0.44x8.01x3.37% 8.28B
28.63x1.19x11.1x0.9% 7.72B
11.18x0.98x5.5x7.88% 7.55B
35.5x2.39x13.42x0.43% 6.68B
13.24x2.36x9.42x3.55% 6.41B
Average 36.13x 2.15x 14.76x 2.7% 25.24B
Weighted average by Cap. 39.71x 2.52x 17.70x 2.52%

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. Stocks
  3. SBUX Stock
  4. Valuation Starbucks Corporation