Company Valuation: Gilead Sciences, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 91,081 107,677 100,942 115,118 152,281 166,768 - -
Change - 18.22% -6.25% 14.04% 32.28% 9.51% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 176,365 166,768 156,812
Change - 6.74% -6.21% 11.1% 28.63% 4% -5.44% -5.97%
P/E 14.7x 23.6x 18x 243x 18.1x -48.4x 17x 15.6x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 8.49x 6.63x 5.35x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.71x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.48x 5.16x 4.89x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 5.8x 5.16x 4.6x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 32x 9.29x 8.73x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 63.7x 10.7x 9.37x
EV / FCF 11x 15.2x 16x 12.8x 17.9x 218x 12.6x 11.1x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% 0.46% 7.95% 8.97%
Dividend per Share 2 2.84 2.92 3 3.08 3.16 3.296 3.409 3.102
Rate of return 3.91% 3.4% 3.7% 3.33% 2.57% 2.45% 2.54% 2.31%
EPS 2 4.93 3.64 4.5 0.38 6.78 -2.775 7.887 8.608
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -119% 43.2% 36%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,425 32,297 34,107
EBITDA 1 14,598 14,283 13,177 11,287 15,953 5,510 17,953 17,972
EBIT 1 12,548 12,180 10,484 8,520 13,193 2,771 15,584 16,737
Net income 1 6,225 4,592 5,665 480 8,510 -3,391 9,779 10,495
Net Debt 1 27,449 18,845 17,723 16,720 17,304 9,597 - -9,955
Reference price 2 72.61 85.85 81.01 92.37 122.74 134.32 134.32 134.32
Nbr of stocks (in thousands) 1,254,384 1,254,244 1,246,042 1,246,266 1,240,680 1,241,570 - -
Announcement Date 1/2/22 2/2/23 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.($)
-48.4x5.8x32.01x2.45% 167B
36.25x12.94x27.18x0.55% 1,089B
28.59x6.53x18.09x2.01% 643B
33.13x7.75x15.94x2.61% 465B
20.2x4.86x12.04x2.72% 359B
22.65x5.84x14.57x2.74% 303B
22.03x4.53x12.8x1.93% 267B
14.79x5.48x11.3x3.38% 226B
25.81x6.73x11.86x2.57% 212B
12.82x3.13x7.91x6.82% 144B
Average 16.79x 6.36x 16.37x 2.78% 387.5B
Weighted average by Cap. 24.74x 7.92x 18.67x 2.1%

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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