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 91,081 107,677 100,942 115,118 152,281 160,547 - -
Change - 18.22% -6.25% 14.04% 32.28% 5.43% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 170,145 160,547 150,592
Change - 6.74% -6.21% 11.1% 28.63% 0.33% -5.64% -6.2%
P/E 14.7x 23.6x 18x 243x 18.1x -46.6x 16.4x 15.1x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 8.17x 6.38x 5.15x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.68x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.28x 4.97x 4.71x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 5.59x 4.97x 4.42x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 30.9x 8.94x 8.38x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 61.6x 10.3x 9.01x
EV / FCF 11x 15.2x 16x 12.8x 17.9x 211x 12.1x 10.7x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% 0.47% 8.24% 9.3%
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% 2.55% 2.64% 2.4%
EPS 2 4.93 3.64 4.5 0.38 6.78 -2.776 7.879 8.587
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -119% 43.3% 36.1%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,422 32,283 34,074
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 2,763 15,576 16,718
Net income 1 6,225 4,592 5,665 480 8,510 -3,391 9,762 10,457
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 92.37 122.74 129.31 129.31 129.31
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-46.58x5.59x30.88x2.55% 161B
35.93x12.68x26.75x0.57% 1,067B
28.24x6.45x17.87x2.04% 635B
33.87x7.65x15.73x2.65% 458B
19.22x4.69x11.59x2.82% 347B
21.56x5.71x14.24x2.81% 295B
21.1x4.45x12.31x1.98% 262B
14.14x5.26x10.84x3.54% 216B
24.66x6.48x11.43x2.68% 203B
12.46x3.06x7.75x7.02% 140B
Average 16.46x 6.20x 15.94x 2.86% 378.34B
Weighted average by Cap. 24.49x 7.77x 18.30x 2.15%

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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