Company Valuation: AbbVie Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 239,371 285,707 273,605 314,021 403,830 442,362 - -
Change - 19.36% -4.24% 14.77% 28.6% 9.54% - -
Enterprise Value (EV) 1 306,225 339,749 320,176 375,610 463,570 502,853 494,024 482,738
Change - 10.95% -5.76% 17.31% 23.42% 8.47% -1.76% -2.28%
P/E 21x 24.4x 57x 74.4x 96.8x 32x 23.6x 19.7x
PBR 15.5x 16.6x 26.5x 94.8x -124x -351x 74.7x 29.5x
PEG - 8.74x -1x -6.1x -77.12x 0x 0.7x 1x
Capitalization / Revenue 4.27x 4.92x 5.04x 5.57x 6.6x 6.55x 6.02x 5.6x
EV / Revenue 5.46x 5.85x 5.89x 6.67x 7.58x 7.44x 6.72x 6.11x
EV / EBITDA 10.6x 11x 12.5x 15.6x 18.9x 15.5x 13.4x 11.8x
EV / EBIT 10.9x 11.3x 12.9x 16.1x 19.5x 16.1x 13.7x 12.2x
EV / FCF 13.9x 14x 14.5x 21.1x 26x 20.3x 13.3x 13.2x
FCF Yield 7.18% 7.14% 6.89% 4.75% 3.84% 4.93% 7.52% 7.58%
Dividend per Share 2 5.31 5.71 5.99 6.29 6.65 6.857 7.208 7.562
Rate of return 3.92% 3.53% 3.87% 3.54% 2.91% 2.74% 2.88% 3.02%
EPS 2 6.45 6.63 2.72 2.39 2.36 7.835 10.59 12.69
Distribution rate 82.3% 86.1% 220% 263% 282% 87.5% 68% 59.6%
Net sales 1 56,122 58,054 54,318 56,334 61,160 67,585 73,520 79,063
EBITDA 1 29,018 30,961 25,545 24,104 24,483 32,520 36,877 40,936
EBIT 1 28,215 30,183 24,793 23,340 23,721 31,284 35,933 39,592
Net income 1 11,542 11,836 4,863 4,278 4,226 13,862 18,914 22,010
Net Debt 1 66,854 54,042 46,571 61,589 59,740 60,490 51,661 40,375
Reference price 2 135.40 161.61 154.97 177.70 228.49 250.33 250.33 250.33
Nbr of stocks (in thousands) 1,767,880 1,767,880 1,765,537 1,767,140 1,767,385 1,767,117 - -
Announcement Date 2/2/22 2/9/23 2/2/24 1/31/25 2/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.85x12.21x24.91x0.58% 1,055B
29.18x - - 2.05% 632B
31.95x7.44x15.46x2.74% 442B
19.84x4.71x11.68x2.81% 351B
21.63x5.59x13.89x2.87% 290B
20.07x4.15x11.78x2.12% 243B
26.53x6.9x12.24x2.4% 227B
13.3x4.74x9.93x3.86% 200B
-42.45x6.16x24.05x2.37% 172B
Average 17.10x 6.49x 15.49x 2.42% 401.39B
Weighted average by Cap. 24.29x 8.06x 17.79x 1.99%

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