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 32,445 - -
Change - -15.95% 9.61% -36.64% -14.79% 25.34% - -
Enterprise Value (EV) 1 52,692 45,068 49,813 31,073 26,209 31,684 31,384 30,569
Change - -14.47% 10.53% -37.62% -15.65% 20.89% -0.95% -2.6%
P/E 346x 138x 95.5x 54.8x 31.8x 34.5x 29.1x 24.1x
PBR 23.1x 20.5x 23.1x 15.1x 9.3x 11.4x 9.51x 7.32x
PEG - 1x 1.6x 5.94x 0.7x 1.8x 1.6x 1.2x
Capitalization / Revenue 21.3x 15x 13.2x 7.53x 5.55x 6.2x 5.6x 5.03x
EV / Revenue 21.5x 15.5x 13.8x 7.7x 5.62x 6.06x 5.42x 4.74x
EV / EBITDA 111x 60x 49.1x 28.1x 19.4x 19x 16.4x 13.9x
EV / EBIT 142x 92.9x 69.3x 41x 27x 25.4x 21.7x 17.8x
EV / FCF 989x 148x 97.3x 49.3x 24.3x 31x 25.7x 20.8x
FCF Yield 0.1% 0.68% 1.03% 2.03% 4.11% 3.22% 3.89% 4.81%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.3875 0.82 1.3 1.42 2.09 2.489 2.952 3.562
Distribution rate - - - - - - - -
Net sales 1 2,448 2,910 3,622 4,033 4,662 5,229 5,793 6,446
EBITDA 1 472.7 751.6 1,014 1,105 1,349 1,666 1,918 2,203
EBIT 1 370.7 485.1 718.6 757.1 969.3 1,248 1,444 1,714
Net income 1 154.7 341.2 541.5 576.2 836.3 973.1 1,146 1,401
Net Debt 1 650.1 1,328 1,868 695.9 323.2 -761.1 -1,061 -1,877
Reference price 2 134.24 113.24 124.09 77.77 66.37 85.98 85.98 85.98
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.($)
30.95x4.09x15.82x2.45% 180B
20.26x3.52x12.59x2.99% 114B
22.98x4.5x15.69x1.22% 114B
27.35x2.68x10.75x2.64% 78.39B
18.7x0.22x13.49x0.7% 64.88B
31.17x7.75x19.98x1.28% 54.02B
36.95x3.53x12.1x2.05% 51.96B
37.95x9.42x26.36x-.--% 43.79B
34.57x6.06x19.03x-.--% 32.45B
Average 28.99x 4.64x 16.20x 1.48% 81.49B
Weighted average by Cap. 27.60x 4.21x 15.37x 1.84%

Y-o-Y evolution of P/E

Valuation ratios - P/E - DexCom, Inc.

Historical PBR trend

Valuation ratios - PBR - DexCom, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - DexCom, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - DexCom, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - DexCom, Inc.