Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,040,304 1,920,840 2,532,081 3,321,869 3,697,022 2,770,583 - -
Change - -5.86% 31.82% 31.19% 11.29% -25.06% - -
Enterprise Value (EV) 1 1,968,116 1,865,864 2,468,056 3,291,263 3,645,608 2,721,997 2,723,069 2,691,428
Change - -5.2% 32.27% 33.35% 10.77% -25.33% 0.04% -1.16%
P/E 33.7x 26.6x 35.2x 37.9x 36.5x 21.5x 19.1x 16.3x
PBR 14.3x 11.5x 12.3x 12.4x 10.8x 6.19x 4.72x 3.77x
PEG - 1.3x 113.23x 1.7x 2.3x 0.8x 1.5x 0.9x
Capitalization / Revenue 12.1x 9.69x 11.9x 13.6x 13.1x 8.41x 7.21x 6.1x
EV / Revenue 11.7x 9.41x 11.6x 13.4x 12.9x 8.26x 7.09x 5.93x
EV / EBITDA 24.1x 19.1x 23.8x 25x 22.4x 13.7x 11.4x 9.24x
EV / EBIT 28.1x 22.4x 27.5x 30.1x 28.4x 17.7x 15.2x 12.8x
EV / FCF 35.1x 28.6x 41.5x 44.4x 50.9x 42.1x 45.9x 40.5x
FCF Yield 2.85% 3.49% 2.41% 2.25% 1.96% 2.37% 2.18% 2.47%
Dividend per Share 2 2.24 2.48 2.72 3 3.32 3.686 4.036 4.37
Rate of return 0.83% 0.97% 0.8% 0.67% 0.67% 0.99% 1.08% 1.17%
EPS 2 8.05 9.65 9.68 11.8 13.64 17.34 19.55 22.95
Distribution rate 27.8% 25.7% 28.1% 25.4% 24.3% 21.3% 20.6% 19%
Net sales 1 168,088 198,270 211,915 245,122 281,724 329,502 384,266 453,893
EBITDA 1 81,602 97,843 103,555 131,720 162,681 198,188 239,265 291,380
EBIT 1 69,916 83,383 89,694 109,433 128,528 153,658 178,851 209,694
Net income 1 61,271 72,738 72,361 88,136 101,832 129,242 145,319 169,555
Net Debt 1 -72,188 -54,976 -64,025 -30,606 -51,414 -48,586 -47,514 -79,155
Reference price 2 270.90 256.83 340.54 446.95 497.41 372.97 372.97 372.97
Nbr of stocks (in thousands) 7,531,575 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 - -
Announcement Date 7/27/21 7/26/22 7/25/23 7/30/24 7/30/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
83.72x33.61x56.17x-.--% 271B
131.53x39.12x135.86x0.13% 135B
83.84x16.85x36.61x-.--% 104B
167.9x9.76x24.12x-.--% 87B
438.35x18.58x74.8x-.--% 85.35B
30.06x1.55x12.11x-.--% 55.94B
135.58x5.07x25.8x-.--% 44.29B
-31.24x4.16x19.93x-.--% 34.05B
90.54x4.68x22.52x-.--% 29.08B
Average 125.59x 14.82x 45.32x 0.01% 93.9B
Weighted average by Cap. 130.60x 22.65x 57.91x 0.02%

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. MSF Stock
  5. Valuation Microsoft Corporation