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 91,081 107,677 100,942 115,118 152,281 168,349 - -
Change - 18.22% -6.25% 14.04% 32.28% 10.55% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 185,094 177,473 171,183
Change - 6.74% -6.21% 11.1% 28.63% 9.15% -4.12% -3.54%
P/E 14.7x 23.6x 18x 243x 18.1x -42.2x 17x 15.7x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 8.38x 6.99x 5.6x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.84x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.49x 5.15x 4.9x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 6.03x 5.43x 4.99x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 34x 10x 9.41x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 58.4x 11.2x 10.1x
EV / FCF 11x 15.2x 16x 12.8x 17.9x -351x 13.6x 12.4x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% -0.28% 7.38% 8.07%
Dividend per Share 2 2.84 2.92 3 3.08 3.16 3.296 3.409 3.102
Rate of return 3.91% 3.4% 3.7% 3.33% 2.57% 2.43% 2.51% 2.28%
EPS 2 4.93 3.64 4.5 0.38 6.78 -3.22 7.985 8.666
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -102% 42.7% 35.8%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,691 32,674 34,329
EBITDA 1 14,598 14,283 13,177 11,287 15,953 5,437 17,720 18,199
EBIT 1 12,548 12,180 10,484 8,520 13,193 3,170 15,831 16,891
Net income 1 6,225 4,592 5,665 480 8,510 -4,165 10,209 10,860
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 92.37 122.74 135.77 135.77 135.77
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.93x12.78x25.81x0.56% 1,098B
29.12x - - 2.05% 631B
31.66x7.38x15.33x2.77% 438B
20.79x4.93x12.21x2.68% 368B
22.24x5.75x14.34x2.79% 298B
20.77x4.28x12.16x2.05% 251B
26.18x6.87x12.22x2.42% 226B
13.88x4.98x10.54x3.66% 209B
-41.32x5.92x33.42x2.48% 165B
Average 17.58x 6.61x 17.00x 2.38% 409.37B
Weighted average by Cap. 25.00x 8.33x 18.79x 1.95%

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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