Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,920,840 2,532,081 3,321,869 3,697,022 2,770,955 3,781,236 - -
Change - 31.82% 31.19% 11.29% -25.05% 36.46% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,734,770 3,732,746 3,880,806
Change - 32.27% 33.35% 10.77% -24.99% 36.58% -0.05% 3.97%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 25.9x 21.6x 17.6x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.62x 5.18x 4.03x
PEG - 113.23x 1.7x 2.3x 0.7x 2.66x 1.1x 0.8x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 9.67x 8.09x 6.67x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.55x 7.99x 6.85x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 15.6x 12.6x 10.5x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 20.5x 17.2x 14.8x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 115x 81.5x 41.2x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.87% 1.23% 2.43%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.968 4.26 4.421
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.78% 0.84% 0.87%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.7 23.57 28.89
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 20.1% 18.1% 15.3%
Net sales 1 198,270 211,915 245,122 281,724 331,839 391,037 467,273 566,565
EBITDA 1 97,843 103,555 131,720 162,681 198,685 239,224 295,248 369,739
EBIT 1 83,383 89,694 109,433 128,528 155,237 182,180 217,066 261,531
Net income 1 72,738 72,361 88,136 101,832 133,749 146,972 175,768 212,952
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -46,466 -48,490 99,570
Reference price 2 256.83 340.54 446.95 497.41 373.02 509.22 509.22 509.22
Nbr of stocks (in thousands) 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 7,425,545 - -
Announcement Date 26/7/22 25/7/23 30/7/24 30/7/25 29/7/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.85x9.55x15.61x0.78% 3,781B
122.72x53.56x86.93x-.--% 451B
480.04x20.58x81.33x-.--% 96.48B
67.98x14.35x30.24x-.--% 89.97B
104.79x8.92x22.54x-.--% 80.03B
33.42x1.6x12.85x-.--% 60.58B
179.07x5.73x24.19x-.--% 45.2B
33.4x6.98x33.48x-.--% 44.07B
109.83x4.34x21.06x-.--% 37.84B
Average 128.57x 13.95x 36.47x 0.09% 520.66B
Weighted average by Cap. 49.00x 13.88x 24.48x 0.63%

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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  3. MSFT Stock
  4. MSFT19 Stock
  5. Valuation Microsoft Corporation