Company Valuation: Alphabet Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,921,855 1,145,004 1,755,459 2,323,530 3,781,297 3,431,315 - -
Change - -40.42% 53.31% 32.36% 62.74% -9.26% - -
Enterprise Value (EV) 1 1,797,023 1,045,943 1,657,796 2,238,756 3,701,001 3,313,534 3,366,781 3,375,886
Change - -41.8% 58.5% 35.04% 65.32% -10.47% 1.61% 0.27%
P/E 25.8x 19.3x 24.1x 23.5x 29x 14.2x 18.9x 15.3x
PBR 7.62x 4.43x 6.27x 7.11x 9.11x 4.87x 3.78x 3.05x
PEG - -1x 0.9x 0.6x 0.8x 0.2x -0.8x 0.7x
Capitalization / Revenue 7.46x 4.05x 5.71x 6.64x 9.39x 6.87x 5.41x 4.43x
EV / Revenue 6.98x 3.7x 5.39x 6.4x 9.19x 6.63x 5.31x 4.36x
EV / EBITDA 16.9x 9.5x 14x 14.9x 21.1x 14.5x 11.1x 8.61x
EV / EBIT 22.8x 14x 19.7x 19.9x 28.7x 19.7x 15.5x 12.5x
EV / FCF 26.8x 17.4x 23.9x 30.8x 50.5x -185x -87x 671x
FCF Yield 3.73% 5.74% 4.19% 3.25% 1.98% -0.54% -1.15% 0.15%
Dividend per Share 2 - - - 0.6 0.83 0.8822 0.9226 0.9346
Rate of return - - - 0.32% 0.27% 0.32% 0.33% 0.33%
EPS 2 5.61 4.56 5.8 8.04 10.81 19.71 14.84 18.24
Distribution rate - - - 7.46% 7.68% 4.48% 6.22% 5.12%
Net sales 1 257,637 282,836 307,394 350,018 402,836 499,571 634,499 773,937
EBITDA 1 106,531 110,132 118,699 150,486 175,128 227,913 303,853 391,867
EBIT 1 78,714 74,842 84,293 112,390 129,039 168,487 217,493 270,324
Net income 1 76,033 59,972 73,795 100,118 132,170 240,158 187,049 226,759
Net Debt 1 -124,832 -99,061 -97,663 -84,774 -80,296 -117,781 -64,534 -55,429
Reference price 2 144.85 88.23 139.69 189.30 313.00 279.84 279.84 279.84
Nbr of stocks (in thousands) 13,275,280 12,943,000 12,516,000 12,241,000 12,067,000 12,294,000 - -
Announcement Date 2/1/22 2/2/23 1/30/24 2/4/25 2/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
Average
Weighted average by Cap.

Y-o-Y evolution of P/E

Valuation ratios - P/E - Alphabet Inc.

Historical PBR trend

Valuation ratios - PBR - Alphabet Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Alphabet Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Alphabet Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Alphabet Inc.
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