Company Valuation: Gartner, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,494 26,563 35,163 37,369 18,184 12,371 - -
Change - -3.39% 32.38% 6.27% -51.34% -31.97% - -
Enterprise Value (EV) 1 29,200 28,327 36,303 37,896 19,443 13,913 13,565 13,321
Change - -2.99% 28.16% 4.39% -48.69% -28.44% -2.5% -1.8%
P/E 36.3x 33.7x 40.7x 30.3x 26.1x 14.3x 12.7x 11.1x
PBR 76.6x 118x 51.9x 55.1x 55.9x 79.8x 12.2x 13.6x
PEG - 4.14x 3.6x 0.7x -0.7x 0.3x 1x 0.7x
Capitalization / Revenue 5.81x 4.83x 5.96x 5.93x 2.8x 1.93x 1.85x 1.76x
EV / Revenue 6.17x 5.15x 6.15x 6.02x 2.99x 2.17x 2.03x 1.9x
EV / EBITDA 22.7x 19.3x 24.5x 24.4x 12.1x 8.64x 8.07x 7.48x
EV / EBIT 31.9x 25.8x 29.3x 32.8x 19x 10.6x 9.89x 9.18x
EV / FCF 23.3x 28.5x 34.5x 27.4x 16.5x 11.5x 11x 10.4x
FCF Yield 4.29% 3.51% 2.9% 3.65% 6.04% 8.66% 9.06% 9.63%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.21 9.96 11.08 16 9.65 13.69 15.42 17.72
Distribution rate - - - - - - - -
Net sales 1 4,734 5,500 5,900 6,300 6,500 6,421 6,683 7,010
EBITDA 1 1,288 1,471 1,483 1,556 1,611 1,611 1,681 1,780
EBIT 1 916 1,100 1,237 1,156 1,026 1,314 1,372 1,451
Net income 1 794 808 882 1,254 729 904.8 946.3 1,022
Net Debt 1 1,706 1,763 1,139 526.8 1,259 1,542 1,194 949.7
Reference price 2 334.32 336.14 451.11 484.47 252.28 195.90 195.90 195.90
Nbr of stocks (in thousands) 82,239 79,024 77,949 77,134 72,077 63,149 - -
Announcement Date 2/8/22 2/7/23 2/6/24 2/4/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.94x3.74x13.07x2.9% 220B
-112.76x17.91x103.21x-.--% 111B
13.44x1.48x7.8x3.56% 111B
14.88x2.72x10.26x5.52% 86.89B
20.25x5.32x13.07x2.81% 61.65B
14.81x2.15x9.14x5.26% 47.82B
21.07x1.73x10.68x1.39% 40.9B
21.28x1.62x10.31x0.89% 40.27B
17.96x2.33x10.83x4.81% 37.28B
Average 3.76x 4.33x 20.93x 3.02% 84.15B
Weighted average by Cap. -0.50x 5.12x 24.60x 2.92%

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