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 33,868 - -
Change - -15.95% 9.61% -36.64% -14.79% 30.84% - -
Enterprise Value (EV) 1 52,692 45,068 49,813 31,073 26,209 33,107 32,807 31,992
Change - -14.47% 10.53% -37.62% -15.65% 26.32% -0.91% -2.48%
P/E 346x 138x 95.5x 54.8x 31.8x 36x 30.2x 25x
PBR 23.1x 20.5x 23.1x 15.1x 9.3x 11.9x 9.93x 7.64x
PEG - 1x 1.6x 5.94x 0.7x 1.9x 1.6x 1.2x
Capitalization / Revenue 21.3x 15x 13.2x 7.53x 5.55x 6.48x 5.84x 5.24x
EV / Revenue 21.5x 15.5x 13.8x 7.7x 5.62x 6.33x 5.66x 4.95x
EV / EBITDA 111x 60x 49.1x 28.1x 19.4x 19.9x 17.1x 14.4x
EV / EBIT 142x 92.9x 69.3x 41x 27x 26.5x 22.7x 18.6x
EV / FCF 989x 148x 97.3x 49.3x 24.3x 32.4x 26.9x 21.8x
FCF Yield 0.1% 0.68% 1.03% 2.03% 4.11% 3.09% 3.72% 4.59%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.3875 0.82 1.3 1.42 2.09 2.495 2.969 3.596
Distribution rate - - - - - - - -
Net sales 1 2,448 2,910 3,622 4,033 4,662 5,230 5,800 6,459
EBITDA 1 472.7 751.6 1,014 1,105 1,349 1,666 1,921 2,218
EBIT 1 370.7 485.1 718.6 757.1 969.3 1,247 1,447 1,723
Net income 1 154.7 341.2 541.5 576.2 836.3 974.4 1,149 1,409
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 89.75 89.75 89.75
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.92x4.3x16.65x2.31% 193B
20.52x3.56x12.5x3.28% 116B
16.98x0.2x12.29x0.77% 59.16B
32.4x8.09x20.64x1.23% 55.75B
35.07x3.39x11.63x2.16% 49.57B
36.67x6.45x20.26x-.--% 34.52B
46.3x1.32x12.04x0.16% 31.22B
40.37x7.07x25.37x0.26% 24.36B
20.68x3.14x11.72x1.4% 24.25B
Average 31.21x 4.17x 15.90x 1.29% 65.26B
Weighted average by Cap. 29.41x 4.06x 15.47x 1.86%

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