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 29,577 - -
Change - -15.95% 9.61% -36.64% -14.79% 14.26% - -
Enterprise Value (EV) 1 52,692 45,068 49,813 31,073 26,209 29,148 28,297 27,194
Change - -14.47% 10.53% -37.62% -15.65% 11.22% -2.92% -3.9%
P/E 346x 138x 95.5x 54.8x 31.8x 31.3x 26.2x 21.8x
PBR 23.1x 20.5x 23.1x 15.1x 9.3x 10.8x 9.29x 7.08x
PEG - 1x 1.6x 5.94x 0.7x 1.8x 1.4x 1.1x
Capitalization / Revenue 21.3x 15x 13.2x 7.53x 5.55x 5.66x 5.08x 4.55x
EV / Revenue 21.5x 15.5x 13.8x 7.7x 5.62x 5.58x 4.86x 4.18x
EV / EBITDA 111x 60x 49.1x 28.1x 19.4x 17.8x 14.8x 12.3x
EV / EBIT 142x 92.9x 69.3x 41x 27x 24.1x 19.7x 15.8x
EV / FCF 989x 148x 97.3x 49.3x 24.3x 29.3x 22.8x 17.9x
FCF Yield 0.1% 0.68% 1.03% 2.03% 4.11% 3.41% 4.39% 5.58%
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 5,224 5,827 6,507
EBITDA 1 472.7 751.6 1,014 1,105 1,349 1,638 1,914 2,209
EBIT 1 370.7 485.1 718.6 757.1 969.3 1,212 1,438 1,726
Net income 1 154.7 341.2 541.5 576.2 836.3 959.5 1,157 1,383
Net Debt 1 650.1 1,328 1,868 695.9 323.2 -428.7 -1,281 -2,383
Reference price 2 134.24 113.24 124.09 77.77 66.37 76.65 76.65 76.65
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.($)
27.38x3.95x15.2x2.57% 175B
18.88x3.31x11.62x3.57% 106B
17.13x0.19x12.1x0.77% 59.91B
31.81x7.73x20.21x1.26% 51.95B
39.41x3.13x10.67x2.43% 43.58B
38.15x1.39x12.22x0.26% 33.65B
42.57x7.44x26.86x0.24% 25.31B
23.96x3.5x12.59x1.21% 21.23B
47.21x6.34x20.38x0.46% 20.68B
Average 31.83x 4.11x 15.76x 1.42% 59.8B
Weighted average by Cap. 27.97x 3.78x 14.72x 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