Company Valuation: Tesla, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,063,564 388,972 789,898 1,296,350 1,495,687 1,453,236 - -
Change - -63.43% 103.07% 64.12% 15.38% -2.84% - -
Enterprise Value (EV) 1 1,052,822 369,886 766,034 1,268,000 1,460,004 1,430,251 1,437,428 1,440,044
Change - -64.87% 107.1% 65.53% 15.14% -2.04% 0.5% 0.18%
P/E 216x 34x 57.8x 198x 416x 342x 237x 163x
PBR 36.2x 9.56x 13.8x 19.4x 19.3x 14.3x 13.1x 11.9x
PEG - 0x 3.1x -3.8x -8.8x -746.18x 5.4x 3.6x
Capitalization / Revenue 19.8x 4.77x 8.16x 13.3x 15.8x 13.7x 12x 10.3x
EV / Revenue 19.6x 4.54x 7.92x 13x 15.4x 13.5x 11.9x 10.2x
EV / EBITDA 91.1x 19.3x 46.1x 76.2x 100x 97.4x 78.6x 57.5x
EV / EBIT 161x 27.1x 86.2x 179x 335x 333x 225x 150x
EV / FCF 210x 48.9x 176x 354x 235x -130x -188x -212x
FCF Yield 0.48% 2.05% 0.57% 0.28% 0.43% -0.77% -0.53% -0.47%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.633 3.62 4.3 2.04 1.08 1.075 1.551 2.261
Distribution rate - - - - - - - -
Net sales 1 53,823 81,462 96,773 97,690 94,827 106,035 120,769 141,568
EBITDA 1 11,555 19,186 16,631 16,645 14,596 14,680 18,290 25,047
EBIT 1 6,523 13,656 8,891 7,076 4,355 4,290 6,379 9,592
Net income 1 5,519 12,556 14,997 7,091 3,794 3,839 5,587 8,172
Net Debt 1 -10,742 -19,086 -23,864 -28,350 -35,683 -22,985 -15,808 -13,192
Reference price 2 352.26 123.18 248.48 403.84 449.72 367.95 367.95 367.95
Nbr of stocks (in thousands) 3,019,258 3,157,752 3,178,921 3,210,060 3,325,819 3,949,547 - -
Announcement Date 1/26/22 A 1/25/23 A 1/24/24 A 1/29/25 A 1/28/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
342.26x13.49x97.43x-.--% 1,453B
17.74x0.82x5.62x1.1% 112B
-6.59x3.41x-13.27x-.--% 23.25B
74.64x0.21x5.74x0.11% 12.55B
-34.09x0.22x-106.05x-.--% 11.87B
-21.54x0.67x-44.45x-.--% 10.87B
-36.56x0.37x5.96x-.--% 10.59B
-2.05x2.91x-7.68x - 7.36B
16.82x0.21x4.99x-.--% 6.66B
Average 38.96x 2.48x -5.74x 0.15% 183.13B
Weighted average by Cap. 302.89x 12.02x 85.11x 0.08%

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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