Company Valuation: Exelixis, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,784 5,174 7,460 9,510 11,799 14,290 - -
Change - -10.54% 44.19% 27.47% 24.07% 21.11% - -
Enterprise Value (EV) 1 4,317 3,865 6,465 8,399 10,740 13,545 12,667 11,542
Change - -10.45% 67.25% 29.91% 27.88% 26.12% -6.48% -8.88%
P/E 25.4x 28.6x 36.9x 18.9x 15.8x 17.8x 14.7x 11.3x
PBR 2.64x 2.09x 3.21x 4.18x 5.32x 5.49x 4.03x 2.99x
PEG - -1.3x 2.3x 0x 0.3x 1.1x 0.7x 0.4x
Capitalization / Revenue 4.03x 3.21x 4.08x 4.39x 5.09x 5.6x 4.93x 4.39x
EV / Revenue 3.01x 2.4x 3.53x 3.87x 4.63x 5.31x 4.37x 3.55x
EV / EBITDA 14.4x 17.4x 32.9x 13.3x 11.9x 12.4x 10x 7.24x
EV / EBIT 15.1x 19.2x 37.8x 13.9x 12.3x 13.1x 9.91x 7.34x
EV / FCF 12.8x 17.2x 22.1x 12.5x 12.3x 16.4x 15.6x 8.3x
FCF Yield 7.8% 5.8% 4.53% 8% 8.15% 6.1% 6.41% 12.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.72 0.56 0.65 1.76 2.78 3.238 3.914 5.119
Distribution rate - - - - - - - -
Net sales 1 1,435 1,611 1,830 2,169 2,320 2,553 2,901 3,253
EBITDA 1 300.3 222.4 196.6 633.4 901.2 1,093 1,261 1,595
EBIT 1 286.7 201.5 170.9 604.6 872.2 1,032 1,278 1,572
Net income 1 231.1 182.3 207.8 521.3 782.6 820.7 1,012 1,248
Net Debt 1 -1,467 -1,308 -995.3 -1,111 -1,059 -744.5 -1,623 -2,747
Reference price 2 18.28 16.04 23.99 33.30 43.83 57.67 57.67 57.67
Nbr of stocks (in thousands) 316,397 322,561 310,974 285,579 269,203 247,782 - -
Announcement Date 17/2/22 7/2/23 6/2/24 11/2/25 10/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.81x5.31x12.39x-.--% 14.29B
20.31x7.19x14.43x1.46% 69.19B
35.78x9.33x28.47x0.04% 62.97B
-76.45x14.75x-71.13x-.--% 27.27B
-14.89x5.5x-6.92x-.--% 24.78B
29.76x6.36x16.51x-.--% 25.8B
27.41x5.13x17.28x-.--% 20.11B
52.99x19.62x39.8x0.28% 18.47B
1285.53x37.11x809.82x-.--% 14.88B
-14.76x3321.87x-16.98x-.--% 13.79B
Average 136.35x 343.22x 84.37x 0.18% 29.15B
Weighted average by Cap. 77.78x 166.95x 48.63x 0.37%

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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  4. Valuation Exelixis, Inc.
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