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 3,813,240 - -
Change - 31.82% 31.19% 11.29% -25.05% 37.61% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,766,775 3,764,750 3,912,810
Change - 32.27% 33.35% 10.77% -24.99% 37.75% -0.05% 3.93%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 26.1x 21.8x 17.9x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.68x 5.22x 4.06x
PEG - 113.23x 1.7x 2.3x 0.7x 2.69x 1.1x 0.8x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 9.75x 8.16x 6.72x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.63x 8.06x 6.9x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 15.7x 12.7x 10.6x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 20.7x 17.4x 14.9x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 117x 82.7x 44.7x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.86% 1.21% 2.24%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.898 4.26 4.421
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.76% 0.83% 0.86%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.69 23.57 28.76
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.8% 18.1% 15.4%
Net sales 1 198,270 211,915 245,122 281,724 331,839 391,083 467,327 567,246
EBITDA 1 97,843 103,555 131,720 162,681 198,685 239,933 295,379 369,739
EBIT 1 83,383 89,694 109,433 128,528 155,237 182,162 216,837 262,387
Net income 1 72,738 72,361 88,136 101,832 133,749 146,938 175,848 212,963
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -46,466 -48,490 99,570
Reference price 2 256.83 340.54 446.95 497.41 373.02 513.53 513.53 513.53
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.08x9.63x15.7x0.76% 3,813B
122.99x53.2x86.36x-.--% 448B
70.83x14.95x31.52x-.--% 93.74B
420.1x18.03x71.26x-.--% 85.09B
108.9x9.42x23.86x-.--% 84.82B
40.26x2.04x16.23x-.--% 73.11B
192.44x6.14x23.72x-.--% 48.2B
122.82x5.05x24.55x-.--% 44.01B
27.67x5.72x27.44x-.--% 36.52B
Average 125.79x 13.80x 35.63x 0.08% 525.16B
Weighted average by Cap. 47.56x 13.79x 24.12x 0.61%

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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  3. MSFT Stock
  4. MSFT Stock
  5. Valuation Microsoft Corporation