Company Valuation: Exelixis, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,784 5,174 7,460 9,510 11,799 14,054 - -
Change - -10.54% 44.19% 27.47% 24.07% 19.11% - -
Enterprise Value (EV) 1 4,317 3,865 6,465 8,399 10,740 13,310 12,432 11,307
Change - -10.45% 67.25% 29.91% 27.88% 23.93% -6.6% -9.05%
P/E 25.4x 28.6x 36.9x 18.9x 15.8x 17.5x 14.9x 11.8x
PBR 2.64x 2.09x 3.21x 4.18x 5.32x 5.4x 3.96x 2.94x
PEG - -1.3x 2.3x 0x 0.3x 1.1x 0.8x 0.5x
Capitalization / Revenue 4.03x 3.21x 4.08x 4.39x 5.09x 5.51x 4.9x 4.4x
EV / Revenue 3.01x 2.4x 3.53x 3.87x 4.63x 5.22x 4.33x 3.54x
EV / EBITDA 14.4x 17.4x 32.9x 13.3x 11.9x 12.2x 9.86x 7.09x
EV / EBIT 15.1x 19.2x 37.8x 13.9x 12.3x 13x 10.2x 7.77x
EV / FCF 12.8x 17.2x 22.1x 12.5x 12.3x 16.1x 15.3x 8.13x
FCF Yield 7.8% 5.8% 4.53% 8% 8.15% 6.21% 6.53% 12.3%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.72 0.56 0.65 1.76 2.78 3.233 3.812 4.797
Distribution rate - - - - - - - -
Net sales 1 1,435 1,611 1,830 2,169 2,320 2,552 2,870 3,191
EBITDA 1 300.3 222.4 196.6 633.4 901.2 1,093 1,261 1,595
EBIT 1 286.7 201.5 170.9 604.6 872.2 1,027 1,218 1,455
Net income 1 231.1 182.3 207.8 521.3 782.6 820.6 974.3 1,178
Net Debt 1 -1,467 -1,308 -995.3 -1,111 -1,059 -744.5 -1,623 -2,747
Reference price 2 18.28 16.04 23.99 33.30 43.83 56.72 56.72 56.72
Nbr of stocks (in thousands) 316,397 322,561 310,974 285,579 269,203 247,782 - -
Announcement Date 2/17/22 2/7/23 2/6/24 2/11/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.52x7.2x14.67x1.44% 69.06B
35.99x9.3x28.55x0.04% 63.06B
-17.51x7.15x-9.28x-.--% 28.34B
-78.36x14.64x-70.6x-.--% 27.07B
32.19x6.33x16.76x-.--% 25.45B
26.71x5.02x16.86x-.--% 19.69B
55.75x20.68x41.87x0.27% 19.19B
1700.81x39.99x873.2x-.--% 15.95B
16.87x5.01x11.68x-.--% 13.52B
Average 199.22x 12.81x 102.63x 0.19% 31.26B
Weighted average by Cap. 109.64x 10.82x 57.90x 0.38%

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