Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,920,840 2,532,081 3,321,869 3,697,022 2,770,955 4,018,334 - -
Change - 31.82% 31.19% 11.29% -25.05% 45.02% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,966,492 3,979,505 4,117,904
Change - 32.27% 33.35% 10.77% -24.99% 45.06% 0.33% 3.48%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 27.5x 22.9x 18.6x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 7.03x 5.5x 4.28x
PEG - 113.23x 1.7x 2.3x 0.7x 2.8x 1.2x 0.8x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 10.3x 8.59x 7.06x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 10.1x 8.5x 7.23x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 16.6x 13.5x 11.1x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 21.8x 18.3x 15.7x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 112x 83x 41.3x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.89% 1.2% 2.42%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.858 4.239 4.447
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.71% 0.78% 0.82%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.71 23.6 29.03
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.6% 18% 15.3%
Net sales 1 198,270 211,915 245,122 281,724 331,839 391,233 467,911 569,400
EBITDA 1 97,843 103,555 131,720 162,681 198,685 239,420 295,565 372,384
EBIT 1 83,383 89,694 109,433 128,528 155,237 182,287 217,223 262,557
Net income 1 72,738 72,361 88,136 101,832 133,749 147,082 175,946 213,850
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -51,842 -38,829 99,570
Reference price 2 256.83 340.54 446.95 497.41 373.02 541.15 541.15 541.15
Nbr of stocks (in thousands) 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 7,425,545 - -
Announcement Date 7/26/22 7/25/23 7/30/24 7/30/25 7/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
27.45x10.14x16.57x0.71% 4,018B
134.63x59.7x97.22x-.--% 502B
20.68x5.9x10.27x1.45% 416B
256.22x22.87x66.97x-.--% 330B
2630.1x44.08x144.16x-.--% 270B
27.53x5.52x17.41x1.38% 251B
90.83x8.83x23.62x-.--% 145B
62.39x16.85x44.39x-.--% 142B
517.34x22.07x87.21x-.--% 103B
Average 418.58x 21.77x 56.42x 0.39% 686.42B
Weighted average by Cap. 172.11x 16.18x 32.99x 0.62%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Microsoft Corporation

Historical PBR trend

Valuation ratios - PBR - Microsoft Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Microsoft Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Microsoft Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Microsoft Corporation
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