Company Valuation: DexCom, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 52,042 43,740 47,945 30,377 25,885 28,389 - -
Change - -15.95% 9.61% -36.64% -14.79% 9.67% - -
Enterprise Value (EV) 1 52,692 45,068 49,813 31,073 26,209 27,984 27,177 26,168
Change - -14.47% 10.53% -37.62% -15.65% 6.77% -2.88% -3.72%
P/E 346x 138x 95.5x 54.8x 31.8x 30.1x 25.2x 21x
PBR 23.1x 20.5x 23.1x 15.1x 9.3x 10.4x 8.92x 6.8x
PEG - 1x 1.6x 5.94x 0.7x 1.8x 1.3x 1x
Capitalization / Revenue 21.3x 15x 13.2x 7.53x 5.55x 5.43x 4.87x 4.37x
EV / Revenue 21.5x 15.5x 13.8x 7.7x 5.62x 5.36x 4.67x 4.03x
EV / EBITDA 111x 60x 49.1x 28.1x 19.4x 17.1x 14.2x 11.9x
EV / EBIT 142x 92.9x 69.3x 41x 27x 23.1x 18.9x 15.2x
EV / FCF 989x 148x 97.3x 49.3x 24.3x 28.2x 21.9x 17.3x
FCF Yield 0.1% 0.68% 1.03% 2.03% 4.11% 3.55% 4.57% 5.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.3875 0.82 1.3 1.42 2.09 2.448 2.921 3.51
Distribution rate - - - - - - - -
Net sales 1 2,448 2,910 3,622 4,033 4,662 5,225 5,826 6,501
EBITDA 1 472.7 751.6 1,014 1,105 1,349 1,639 1,913 2,205
EBIT 1 370.7 485.1 718.6 757.1 969.3 1,212 1,438 1,723
Net income 1 154.7 341.2 541.5 576.2 836.3 962.6 1,158 1,378
Net Debt 1 650.1 1,328 1,868 695.9 323.2 -405 -1,211 -2,221
Reference price 2 134.24 113.24 124.09 77.77 66.37 73.57 73.57 73.57
Nbr of stocks (in thousands) 387,688 386,258 386,374 390,595 390,016 385,873 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/13/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.7x3.55x13.32x2.66% 167B
19x3.31x11.66x3.54% 107B
16.74x0.19x11.96x0.78% 59.24B
32.42x7.87x20.57x1.24% 52.99B
38.95x3.07x10.55x2.46% 43.07B
41.17x1.48x12.99x0.19% 36.37B
42.29x7.33x26.44x0.25% 25.16B
20.54x2.83x11.03x1.53% 21.17B
23.7x3.47x12.45x1.22% 20.99B
Average 28.72x 3.68x 14.55x 1.54% 59.25B
Weighted average by Cap. 26.02x 3.53x 13.80x 2.09%

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