Company Valuation: Illumina, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 59,407 30,014 22,570 21,454 20,620 40,770 - -
Change - -49.48% -24.8% -4.95% -3.88% 97.72% - -
Enterprise Value (EV) 1 59,763 30,712 23,005 22,223 20,976 40,654 39,794 38,746
Change - -48.61% -25.09% -3.4% -5.61% 93.81% -2.12% -2.63%
P/E 75.4x -6.81x -19.4x -17.6x 24.8x 54.6x 45.6x 38.9x
PBR 5.56x - 3.93x 9.06x 7.63x 13.5x 11.3x 9.3x
PEG - 0x 0.3x -3.69x -0x -5.9x 2.3x 2.2x
Capitalization / Revenue 13.1x 6.55x 5.01x 4.91x 4.75x 8.82x 8.29x 7.73x
EV / Revenue 13.2x 6.7x 5.11x 5.08x 4.83x 8.79x 8.09x 7.35x
EV / EBITDA 46.8x 43.4x 47.1x 27.5x 17.4x 31x 27.1x 24.2x
EV / EBIT 54.5x 63.1x 93.1x 38.3x 20.9x 37.4x 32.4x 27.9x
EV / FCF 177x 290x 81.3x 32x 22.5x 45.3x 36.8x 31.5x
FCF Yield 0.56% 0.35% 1.23% 3.13% 4.44% 2.21% 2.72% 3.17%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 5.04 -28 -7.34 -7.69 5.45 4.946 5.915 6.939
Distribution rate - - - - - - - -
Net sales 1 4,526 4,584 4,504 4,372 4,343 4,624 4,919 5,271
EBITDA 1 1,277 708 488 807 1,208 1,310 1,470 1,602
EBIT 1 1,096 487 247 580 1,004 1,087 1,230 1,391
Net income 1 762 -4,404 -1,161 -1,223 850 772.2 911.6 1,066
Net Debt 1 356 698 435 769 356 -115.6 -976 -2,024
Reference price 2 380.07 190.81 142.13 135.27 134.95 270.00 270.00 270.00
Nbr of stocks (in thousands) 156,305 157,300 158,800 158,600 152,800 151,000 - -
Announcement Date 2/10/22 2/7/23 2/8/24 2/6/25 2/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
54.59x8.79x31.04x-.--% 40.77B
33.55x5.86x22.46x0.27% 250B
37.86x6.77x21.47x0.63% 158B
43.91x11.62x25.64x-.--% 143B
16.61x3.4x11.09x-.--% 63.65B
34.1x6.82x21.58x-.--% 49.74B
33.66x6.66x22.6x0.59% 48.71B
18.61x2.27x11.47x2.71% 47.94B
75.9x7.23x22.05x-.--% 42.59B
19.08x5.31x13.69x1.2% 31.76B
Average 36.79x 6.47x 20.31x 0.54% 87.57B
Weighted average by Cap. 36.52x 6.87x 21.39x 0.42%

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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