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 31,491 - -
Change - -15.95% 9.61% -36.64% -14.79% 21.65% - -
Enterprise Value (EV) 1 52,692 45,068 49,813 31,073 26,209 31,205 30,199 29,233
Change - -14.47% 10.53% -37.62% -15.65% 19.06% -3.22% -3.2%
P/E 346x 138x 95.5x 54.8x 31.8x 33.8x 28.3x 23.4x
PBR 23.1x 20.5x 23.1x 15.1x 9.3x 11.7x 8.24x 6.27x
PEG - 1x 1.6x 5.94x 0.7x 1.9x 1.5x 1.1x
Capitalization / Revenue 21.3x 15x 13.2x 7.53x 5.55x 6.02x 5.42x 4.87x
EV / Revenue 21.5x 15.5x 13.8x 7.7x 5.62x 5.97x 5.19x 4.52x
EV / EBITDA 111x 60x 49.1x 28.1x 19.4x 18.7x 15.7x 13.2x
EV / EBIT 142x 92.9x 69.3x 41x 27x 25x 20.8x 16.9x
EV / FCF 989x 148x 97.3x 49.3x 24.3x 30.4x 24.2x 19.1x
FCF Yield 0.1% 0.68% 1.03% 2.03% 4.11% 3.28% 4.14% 5.23%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.3875 0.82 1.3 1.42 2.09 2.471 2.95 3.567
Distribution rate - - - - - - - -
Net sales 1 2,448 2,910 3,622 4,033 4,662 5,230 5,815 6,472
EBITDA 1 472.7 751.6 1,014 1,105 1,349 1,664 1,924 2,220
EBIT 1 370.7 485.1 718.6 757.1 969.3 1,247 1,454 1,727
Net income 1 154.7 341.2 541.5 576.2 836.3 960.7 1,165 1,431
Net Debt 1 650.1 1,328 1,868 695.9 323.2 -286.1 -1,292 -2,257
Reference price 2 134.24 113.24 124.09 77.77 66.37 83.45 83.45 83.45
Nbr of stocks (in thousands) 387,688 386,258 386,374 390,595 390,016 377,361 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
30.26x4.12x15.99x2.44% 183B
19.35x3.38x11.9x3.48% 109B
17.32x0.19x12.22x0.76% 60.57B
30.21x7.51x18.82x1.35% 51.8B
36.06x3.22x10.97x2.37% 45.64B
37.66x1.37x12.1x0.21% 33.22B
39.76x6.96x24.98x0.26% 24B
24.32x3.69x12.93x1.14% 22.26B
20.37x2.82x10.88x1.55% 21.51B
Average 28.37x 3.70x 14.53x 1.51% 61.24B
Weighted average by Cap. 27.39x 3.67x 14.45x 2.04%

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