Company Valuation: Cigna

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 76,106 101,304 87,625 76,809 73,521 73,736 - -
Change - 33.11% -13.5% -12.34% -4.28% 0.29% - -
Enterprise Value (EV) 1 104,695 126,473 110,733 101,231 97,308 94,717 91,255 85,240
Change - 20.8% -12.45% -8.58% -3.88% -2.66% -3.65% -6.59%
P/E 14.6x 15.6x 17.2x 22.8x 12.4x 11.2x 9.78x 8.94x
PBR 1.57x 2.21x 1.89x 1.84x 1.74x 1.66x 1.53x 1.39x
PEG - 0.4x -0.9x -0.8x 0.1x 0.9x 0.7x 0.96x
Capitalization / Revenue 0.44x 0.56x 0.45x 0.31x 0.27x 0.26x 0.25x 0.23x
EV / Revenue 0.6x 0.7x 0.57x 0.41x 0.35x 0.33x 0.31x 0.27x
EV / EBITDA 9.42x 11x 9.24x 8.38x 7.88x 7.16x 6.34x 5.65x
EV / EBIT 13.2x 15x 13x 10.7x 10.6x 9.49x 8.19x 7.36x
EV / FCF 17.3x 17.2x 10.8x 11.3x 11.6x 12.3x 8.97x 8.36x
FCF Yield 5.77% 5.82% 9.25% 8.85% 8.62% 8.16% 11.1% 12%
Dividend per Share 2 4 4.48 4.92 5.6 6.04 6.178 6.447 6.75
Rate of return 1.74% 1.35% 1.64% 2.03% 2.19% 2.21% 2.31% 2.42%
EPS 2 15.73 21.3 17.39 12.12 22.18 24.85 28.54 31.21
Distribution rate 25.4% 21% 28.3% 46.2% 27.2% 24.9% 22.6% 21.6%
Net sales 1 174,078 180,642 195,322 247,099 274,900 286,514 298,582 315,356
EBITDA 1 11,118 11,522 11,980 12,083 12,351 13,222 14,395 15,087
EBIT 1 7,935 8,414 8,536 9,417 9,200 9,985 11,147 11,581
Net income 1 5,365 6,668 5,164 3,434 5,957 6,573 7,636 7,716
Net Debt 1 28,589 25,169 23,108 24,422 23,787 20,980 17,518 11,504
Reference price 2 229.63 331.34 299.45 276.14 275.23 279.05 279.05 279.05
Nbr of stocks (in thousands) 331,428 305,739 292,620 278,153 267,126 264,240 - -
Announcement Date 2/3/22 2/3/23 2/2/24 1/30/25 2/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.48x0.95x14.32x2.18% 376B
18.14x0.53x10.01x1.83% 81.51B
49.96x0.32x18.26x1.01% 43.69B
16.34x0.14x9.7x-.--% 30.74B
66.41x0.21x12.56x-.--% 10.19B
83.24x0.51x17.06x-.--% 3.08B
24.13x1.64x9.49x-.--% 2.44B
317.59x0.7x34.85x-.--% 2.2B
48.38x2.72x14.34x0.57% 280M
Average 71.85x 0.86x 15.62x 0.62% 61.16B
Weighted average by Cap. 26.02x 0.78x 13.78x 1.84%

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