Company Valuation: Arm Holdings plc

Data adjusted to current consolidation scope
Fiscal Period: March 2024 2025 2026 2027 2028 2029
Market Cap 1 128,499 112,557 160,659 240,200 - -
Change - -12.41% 42.74% 49.51% - -
Enterprise Value (EV) 1 125,576 109,732 157,058 235,684 233,294 229,783
Change - -12.62% 43.13% 50.06% -1.01% -1.51%
P/E 431x 142x 178x 190x 128x 88x
PBR 24.6x 16.6x 19.5x 24.3x 18.9x 14x
PEG -10x 1x 13.4x 3.8x 2.6x 1.9x
Capitalization / Revenue 39.7x 28.1x 32.7x 39.7x 29.3x 22.2x
EV / Revenue 38.8x 27.4x 31.9x 39x 28.5x 21.3x
EV / EBITDA 80x 53.4x 66.4x 78.9x 59.5x 43.7x
EV / EBIT 89.2x 58.6x 74.3x 87.3x 61.9x 45.8x
EV / FCF 138x 1,108x 178x 126x 83.6x 58.9x
FCF Yield 0.72% 0.09% 0.56% 0.8% 1.2% 1.7%
Dividend per Share 2 - - - - - 0.176
Rate of return - - - - - 0.07%
EPS 2 0.29 0.75 0.85 1.27 1.886 2.746
Distribution rate - - - - - 6.41%
Net sales 1 3,233 4,007 4,920 6,048 8,189 10,807
EBITDA 1 1,570 2,054 2,364 2,987 3,924 5,258
EBIT 1 1,408 1,871 2,115 2,700 3,768 5,018
Net income 1 306 792 904 1,361 2,035 3,050
Net Debt 1 -2,923 -2,825 -3,601 -4,517 -6,906 -10,417
Reference price 2 124.99 106.79 151.28 241.54 241.54 241.54
Nbr of stocks (in thousands) 1,028,075 1,054,000 1,062,000 1,068,079 - -
Announcement Date 5/8/24 5/7/25 5/6/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
185.43x39.48x83.78x-.--% 240B
20.1x11.29x16.74x0.4% 4,602B
41.11x16.85x24.8x0.71% 1,762B
20.64x10.05x13.63x1.23% 1,761B
10.16x6.1x7.37x0.07% 835B
4.16x2.31x2.84x0.38% 704B
79.91x13.82x51.03x-.--% 700B
-35.37x6.9x19.25x-.--% 413B
31.92x11.58x21.47x2.12% 248B
37.23x11.9x20.81x1.22% 172B
Average 39.53x 13.03x 26.17x 0.61% 1,144B
Weighted average by Cap. 27.36x 11.63x 19.73x 0.55%

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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