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 3,659,383 - -
Change - 31.82% 31.19% 11.29% -25.05% 32.06% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,621,916 3,610,868 3,659,406
Change - 32.27% 33.35% 10.77% -24.99% 32.46% -0.31% 1.34%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 25.1x 21x 17.6x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.42x 5.03x 3.91x
PEG - 113.23x 1.7x 2.3x 0.7x 2.66x 1.1x 0.9x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 9.36x 7.84x 6.52x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.27x 7.74x 6.52x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 15.1x 12.2x 9.91x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 19.9x 16.7x 14.2x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 118x 78x 43.8x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.85% 1.28% 2.28%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.945 4.333 4.514
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.8% 0.88% 0.92%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.65 23.52 27.97
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 20.1% 18.4% 16.1%
Net sales 1 198,270 211,915 245,122 281,724 331,839 390,830 466,591 561,492
EBITDA 1 97,843 103,555 131,720 162,681 198,685 239,891 295,353 369,162
EBIT 1 83,383 89,694 109,433 128,528 155,237 181,853 216,332 257,701
Net income 1 72,738 72,361 88,136 101,832 133,749 146,820 175,616 208,753
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -37,467 -48,515 22.86
Reference price 2 256.83 340.54 446.95 497.41 373.02 492.81 492.81 492.81
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.($)
25.1x9.27x15.12x0.8% 3,659B
109.47x46.4x75.11x-.--% 391B
519.77x22.5x90.42x-.--% 103B
71.1x14.96x31.52x-.--% 93.8B
149.65x8.76x22.36x-.--% 77.33B
37.28x1.97x15.48x-.--% 68.26B
117.06x5.14x25.12x-.--% 44.92B
21.41x4.04x11.16x1.32% 32.49B
24.74x4.23x9.81x-.--% 29.94B
91.71x4.74x22.83x-.--% 29.45B
Average 116.73x 12.20x 31.89x 0.21% 452.9B
Weighted average by Cap. 48.16x 12.63x 22.55x 0.66%

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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