Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 1,013,060 - -
Change - 0.04% 14.67% 77.25% 20.42% 6.69% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 1,064,317 1,064,970 1,066,502
Change - 1.95% 13.66% 71.26% 20% 7.47% 0.06% 0.14%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 44.4x 40.1x 35.9x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 9.4x 8.54x 7.98x
PEG - -2.7x 0.8x 1.6x 3.3x 8.19x 3.8x 3x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.35x 1.29x 1.23x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.41x 1.36x 1.3x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 21.6x 20x 18.4x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 31.6x 28.9x 26.1x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 90.5x 66x 57.8x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.1% 1.51% 1.73%
Dividend per Share 2 0.7333 0.7467 0.76 0.83 0.94 0.9964 1.05 1.108
Rate of return 1.57% 1.56% 1.38% 0.85% 0.79% 0.78% 0.82% 0.87%
EPS 2 1.623 1.423 1.913 2.41 2.73 2.878 3.185 3.56
Distribution rate 45.2% 52.5% 39.7% 34.4% 34.4% 34.6% 33% 31.1%
Net sales 1 567,762 605,881 642,637 674,538 706,413 752,857 785,570 822,281
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,173 53,359 57,998
EBIT 1 26,050 24,602 27,012 29,504 31,096 33,665 36,850 40,803
Net income 1 13,673 11,680 15,511 19,436 21,893 23,022 25,411 28,203
Net Debt 1 28,071 35,997 37,024 36,753 40,796 51,257 51,910 53,442
Reference price 2 46.60 47.96 55.08 98.16 119.14 127.69 127.69 127.69
Nbr of stocks (in thousands) 8,321,635 8,090,400 8,076,701 8,033,386 7,970,167 7,933,746 - -
Announcement Date 2/17/22 A 2/21/23 A 2/20/24 A 2/20/25 A 2/19/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
44.37x1.41x21.64x0.78% 1,013B
26.88x1.28x11.19x0.88% 57.31B
17.39x0.6x8.7x2.97% 45.61B
16.94x0.68x12.62x2.71% 40.21B
13.63x0.37x6.85x2.21% 40.37B
22.48x0.97x6.47x5.14% 38.87B
27.17x0.84x9.71x2.72% 33.76B
12.01x0.46x5.85x3.92% 31.35B
17.09x0.66x7.58x2.76% 30.81B
Average 21.99x 0.81x 10.07x 2.68% 147.93B
Weighted average by Cap. 38.46x 1.26x 18.59x 1.26%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Walmart Inc.

Historical PBR trend

Valuation ratios - PBR - Walmart Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Walmart Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Walmart Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Walmart Inc.