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 91,081 107,677 100,942 115,118 152,281 181,182 - -
Change - 18.22% -6.25% 14.04% 32.28% 18.98% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 197,927 190,307 184,017
Change - 6.74% -6.21% 11.1% 28.63% 16.71% -3.85% -3.31%
P/E 14.7x 23.6x 18x 243x 18.1x -44.6x 18.2x 16.8x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 9.95x 7.54x 6.01x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.97x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.9x 5.54x 5.27x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 6.45x 5.82x 5.36x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 25.2x 10.7x 10x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 61.7x 12x 10.9x
EV / FCF 11x 15.2x 16x 12.8x 17.9x -376x 14.6x 13.3x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% -0.27% 6.87% 7.54%
Dividend per Share 2 2.84 2.92 3 3.08 3.16 3.296 3.396 3.102
Rate of return 3.91% 3.4% 3.7% 3.33% 2.57% 2.26% 2.32% 2.12%
EPS 2 4.93 3.64 4.5 0.38 6.78 -3.273 8.021 8.705
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -101% 42.3% 35.6%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,693 32,695 34,363
EBITDA 1 14,598 14,283 13,177 11,287 15,953 7,859 17,834 18,324
EBIT 1 12,548 12,180 10,484 8,520 13,193 3,209 15,844 16,902
Net income 1 6,225 4,592 5,665 480 8,510 -4,275 10,275 10,917
Net Debt 1 27,449 18,845 17,723 16,720 17,304 16,745 9,125 2,835
Reference price 2 72.61 85.85 81.01 92.37 122.74 146.12 146.12 146.12
Nbr of stocks (in thousands) 1,254,384 1,254,244 1,246,042 1,246,266 1,240,680 1,239,955 - -
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.($)
35.74x12.95x26.26x0.55% 1,119B
30.06x - - 1.99% 651B
33.82x7.82x16.26x2.59% 468B
20.93x4.96x12.28x2.66% 374B
22.59x5.81x14.4x2.75% 302B
21.37x4.4x12.49x1.99% 259B
27.79x7.17x12.73x2.3% 238B
13.71x4.87x10.23x3.75% 208B
-44.65x6.45x25.18x2.26% 181B
Average 17.93x 6.80x 16.23x 2.31% 422.21B
Weighted average by Cap. 25.51x 8.51x 18.70x 1.89%

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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