Company Valuation: NVIDIA Corporation

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 558,100 475,539 1,521,940 3,492,764 4,560,193 5,253,180 - -
Change - -14.79% 220.05% 129.49% 30.56% 15.2% - -
Enterprise Value (EV) 1 547,838 473,196 1,505,665 3,449,554 4,506,105 5,101,207 4,923,577 4,648,726
Change - -13.62% 218.19% 129.11% 30.63% 13.21% -3.48% -5.58%
P/E 58x 111x 51.6x 48.5x 38.3x 21.8x 14.3x 11.3x
PBR 21.3x 21.9x 35.8x 44.6x 29.2x 18x 10.1x 6.47x
PEG - -2x 0x 0x 0.6x 0x 0.3x 0.4x
Capitalization / Revenue 20.7x 17.6x 25x 26.8x 21.1x 12.8x 7.89x 6.16x
EV / Revenue 20.4x 17.5x 24.7x 26.4x 20.9x 12.4x 7.4x 5.45x
EV / EBITDA 48.8x 82x 43.7x 41.4x 32.2x 18.7x 11.4x 8.32x
EV / EBIT 43.2x 52.3x 40.5x 39.7x 32.8x 19x 11x 7.92x
EV / FCF 67.4x 124x 55.7x 56.7x 46.6x 25.9x 15.3x 11x
FCF Yield 1.48% 0.8% 1.79% 1.76% 2.15% 3.86% 6.52% 9.08%
Dividend per Share 2 0.016 0.016 0.016 0.07 0.04 0.7505 1.084 1.197
Rate of return 0.07% 0.08% 0.03% 0.05% 0.02% 0.34% 0.5% 0.55%
EPS 2 0.385 0.174 1.193 2.94 4.9 9.987 15.21 19.24
Distribution rate 4.16% 9.2% 1.34% 2.38% 0.82% 7.52% 7.12% 6.22%
Net sales 1 26,914 26,974 60,922 130,497 215,938 410,858 665,407 852,653
EBITDA 1 11,215 5,768 34,480 83,317 140,143 272,445 430,755 558,977
EBIT 1 12,690 9,040 37,134 86,789 137,300 268,715 446,673 587,094
Net income 1 9,752 4,368 29,760 72,880 120,067 243,153 365,776 447,961
Net Debt 1 -10,262 -2,343 -16,275 -43,210 -54,088 -151,973 -329,603 -604,454
Reference price 2 22.32 19.32 61.62 142.62 187.67 217.55 217.55 217.55
Nbr of stocks (in thousands) 25,000,000 24,610,000 24,700,000 24,490,000 24,299,000 24,147,000 - -
Announcement Date 2/16/22 2/22/23 2/21/24 2/26/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.78x12.42x18.72x0.34% 5,253B
22.54x11.06x14.98x1.12% 1,982B
40.93x16.78x24.69x0.71% 1,755B
12.85x7.79x9.42x0.06% 1,054B
4.73x2.93x3.53x0.22% 874B
81.26x14.71x55.3x-.--% 760B
-38.78x7.82x21.76x-.--% 470B
190.21x41.47x84.56x-.--% 255B
30.41x11.04x20.45x2.22% 236B
Average 40.66x 14.00x 28.16x 0.52% 1,404B
Weighted average by Cap. 27.52x 12.30x 20.81x 0.48%

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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