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 91,081 107,677 100,942 115,118 152,281 171,560 - -
Change - 18.22% -6.25% 14.04% 32.28% 12.66% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 188,305 180,685 174,395
Change - 6.74% -6.21% 11.1% 28.63% 11.04% -4.05% -3.48%
P/E 14.7x 23.6x 18x 243x 18.1x -42.3x 17.2x 15.9x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 9.42x 7.14x 5.7x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.87x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.59x 5.25x 4.99x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 6.13x 5.53x 5.08x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 24x 10.1x 9.52x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 58.7x 11.4x 10.3x
EV / FCF 11x 15.2x 16x 12.8x 17.9x -357x 13.8x 12.6x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% -0.28% 7.23% 7.95%
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% 2.38% 2.45% 2.24%
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 30,706 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 92.37 122.74 138.36 138.36 138.36
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.($)
-42.9x6.13x34.58x2.39% 171B
34.32x12.47x25.45x0.57% 1,078B
29.15x - - 2.05% 632B
32.02x7.45x15.48x2.73% 443B
20.19x4.79x11.87x2.76% 356B
21.62x5.6x13.97x2.87% 289B
20.24x4.18x11.87x2.1% 245B
26.43x6.88x12.21x2.41% 226B
13.48x4.84x10.07x3.78% 204B
16.79x3.22x8.21x6.42% 153B
Average 17.14x 6.17x 15.97x 2.81% 379.64B
Weighted average by Cap. 24.21x 7.95x 18.15x 2.15%

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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