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 2,951,763 - -
Change - -5.86% 31.82% 31.19% 11.29% -20.16% - -
Enterprise Value (EV) 1 1,968,116 1,865,864 2,468,056 3,291,263 3,645,608 2,903,177 2,904,249 2,872,608
Change - -5.2% 32.27% 33.35% 10.77% -20.37% 0.04% -1.09%
P/E Ratio 33.7x 26.6x 35.2x 37.9x 36.5x 22.9x 20.3x 17.3x
PBR 14.3x 11.5x 12.3x 12.4x 10.8x 6.6x 5.03x 4.02x
PEG - 1.3x 113.23x 1.7x 2.3x 0.8x 1.6x 1x
Capitalization / Revenue 12.1x 9.69x 11.9x 13.6x 13.1x 8.93x 7.66x 6.49x
EV / Revenue 11.7x 9.41x 11.6x 13.4x 12.9x 8.78x 7.53x 6.32x
EV / EBITDA 24.1x 19.1x 23.8x 25x 22.4x 14.6x 12.1x 9.83x
EV / EBIT 28.1x 22.4x 27.5x 30.1x 28.4x 18.9x 16.2x 13.6x
EV / FCF 35.1x 28.6x 41.5x 44.4x 50.9x 44.6x 49x 42.3x
FCF Yield 2.85% 3.49% 2.41% 2.25% 1.96% 2.24% 2.04% 2.37%
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% 0.93% 1.02% 1.1%
EPS 2 8.05 9.65 9.68 11.8 13.64 17.37 19.57 23
Distribution rate 27.8% 25.7% 28.1% 25.4% 24.3% 21.2% 20.6% 19%
Net sales 1 168,088 198,270 211,915 245,122 281,724 330,542 385,518 454,701
EBITDA 1 81,602 97,843 103,555 131,720 162,681 199,180 239,730 292,132
EBIT 1 69,916 83,383 89,694 109,433 128,528 153,943 179,083 210,614
Net income 1 61,271 72,738 72,361 88,136 101,832 129,246 145,231 169,728
Net Debt 1 -72,188 -54,976 -64,025 -30,606 -51,414 -48,586 -47,514 -79,155
Reference price 2 270.90 256.83 340.54 446.95 497.41 397.36 397.36 397.36
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
96.11x38.96x65.14x-.--% 312B
113.98x33.86x114.56x0.16% 114B
85.72x17.21x37.54x-.--% 106B
170.71x9.86x25.16x-.--% 88.18B
408.41x17.58x70.81x-.--% 81.03B
27.13x1.38x10.69x-.--% 50.49B
122.04x4.48x22.78x-.--% 39.08B
97.87x5.08x24.66x-.--% 31.43B
-27.26x3.58x17.16x-.--% 29.71B
Average 121.64x 14.66x 43.17x 0.02% 94.72B
Weighted average by Cap. 127.48x 24.23x 56.39x 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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