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 91,081 107,677 100,942 115,118 152,281 155,929 - -
Change - 18.22% -6.25% 14.04% 32.28% 2.4% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 165,497 155,832 145,522
Change - 6.74% -6.21% 11.1% 28.63% -2.41% -5.84% -6.62%
P/E Ratio 14.7x 23.6x 18x 243x 18.1x -45x 16.3x 14.9x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 8.53x 6.6x 5.25x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.63x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.12x 4.81x 4.56x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 5.43x 4.8x 4.25x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 30x 8.57x 7.61x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 60.1x 10x 8.72x
EV / FCF 11x 15.2x 16x 12.8x 17.9x 163x 11.8x 10.5x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% 0.61% 8.5% 9.56%
Dividend per Share 2 2.84 2.92 3 3.08 3.16 3.246 3.316 2.959
Rate of return 3.91% 3.4% 3.7% 3.33% 2.57% 2.58% 2.64% 2.36%
EPS 2 4.93 3.64 4.5 0.38 6.78 -2.791 7.7 8.404
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -116% 43.1% 35.2%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,478 32,450 34,218
EBITDA 1 14,598 14,283 13,177 11,287 15,953 5,525 18,175 19,128
EBIT 1 12,548 12,180 10,484 8,520 13,193 2,752 15,569 16,680
Net income 1 6,225 4,592 5,665 480 8,510 -3,373 9,603 10,404
Net Debt 1 27,449 18,845 17,723 16,720 17,304 9,568 -96.43 -10,407
Reference price 2 72.61 85.85 81.01 92.37 122.74 125.59 125.59 125.59
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-45x5.43x29.95x2.58% 156B
33.15x12.05x24.81x0.6% 1,010B
25.74x5.93x16.13x2.22% 580B
27.88x6.79x13.86x3.01% 402B
17.71x4.37x10.73x3.04% 330B
53.11x4.94x20.09x2.81% 294B
22.78x4.74x13.47x1.85% 280B
21.24x5.49x13.32x2.92% 281B
12.7x4.76x9.73x3.95% 197B
23.09x6.16x10.76x2.84% 192B
Average 19.24x 6.07x 16.29x 2.58% 372.3B
Weighted average by Cap. 25.08x 7.27x 17.63x 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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