Company Valuation: Gilead Sciences, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 91,081 107,677 100,942 115,118 152,281 166,718 - -
Change - 18.22% -6.25% 14.04% 32.28% 9.48% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 176,178 166,718 156,625
Change - 6.74% -6.21% 11.1% 28.63% 3.89% -5.37% -6.05%
P/E 14.7x 23.6x 18x 243x 18.1x -48.4x 17x 15.6x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 8.47x 6.62x 5.34x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.74x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.47x 5.15x 4.88x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 5.78x 5.15x 4.58x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 32x 9.26x 8.69x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 64x 10.7x 9.36x
EV / FCF 11x 15.2x 16x 12.8x 17.9x 173x 12.6x 11.2x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% 0.58% 7.94% 8.94%
Dividend per Share 2 2.84 2.92 3 3.08 3.16 3.246 3.362 3.099
Rate of return 3.91% 3.4% 3.7% 3.33% 2.57% 2.42% 2.5% 2.31%
EPS 2 4.93 3.64 4.5 0.38 6.78 -2.776 7.879 8.587
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -117% 42.7% 36.1%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,469 32,399 34,175
EBITDA 1 14,598 14,283 13,177 11,287 15,953 5,514 18,005 18,023
EBIT 1 12,548 12,180 10,484 8,520 13,193 2,754 15,632 16,730
Net income 1 6,225 4,592 5,665 480 8,510 -3,391 9,762 10,457
Net Debt 1 27,449 18,845 17,723 16,720 17,304 9,460 - -10,093
Reference price 2 72.61 85.85 81.01 92.37 122.74 134.28 134.28 134.28
Nbr of stocks (in thousands) 1,254,384 1,254,244 1,246,042 1,246,266 1,240,680 1,241,570 - -
Announcement Date 2/1/22 2/2/23 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.($)
34.75x12.42x25.87x0.58% 1,043B
26.86x6.13x16.78x2.15% 602B
33.14x7.52x15.43x2.7% 449B
17.71x4.39x10.82x3.02% 327B
21.31x5.47x13.24x2.89% 279B
21.26x4.48x12.39x1.96% 264B
24.37x6.42x11.35x2.71% 201B
12.77x3.12x7.88x6.86% 143B
27.8x8.4x18.93x-.--% 123B
Average 24.44x 6.48x 14.74x 2.54% 381.24B
Weighted average by Cap. 27.63x 7.85x 17.56x 2.03%

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

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