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 5,505,033 - -
Change - -14.79% 220.05% 129.49% 30.56% 20.72% - -
Enterprise Value (EV) 1 547,838 473,196 1,505,665 3,449,554 4,506,105 5,353,060 5,175,430 4,900,579
Change - -13.62% 218.19% 129.11% 30.63% 18.8% -3.32% -5.31%
P/E 58x 111x 51.6x 48.5x 38.3x 22.6x 15.5x 12x
PBR 21.3x 21.9x 35.8x 44.6x 29.2x 18.7x 10.5x 6.78x
PEG - -2x 0x 0x 0.6x 0x 0.3x 0.4x
Capitalization / Revenue 20.7x 17.6x 25x 26.8x 21.1x 13.4x 8.6x 6.65x
EV / Revenue 20.4x 17.5x 24.7x 26.4x 20.9x 13.1x 8.09x 5.92x
EV / EBITDA 48.8x 82x 43.7x 41.4x 32.2x 19.7x 12.2x 8.9x
EV / EBIT 43.2x 52.3x 40.5x 39.7x 32.8x 19.9x 11.9x 8.52x
EV / FCF 67.4x 124x 55.7x 56.7x 46.6x 27.2x 16.1x 11.6x
FCF Yield 1.48% 0.8% 1.79% 1.76% 2.15% 3.67% 6.2% 8.61%
Dividend per Share 2 0.016 0.016 0.016 0.07 0.04 0.7597 1.079 1.197
Rate of return 0.07% 0.08% 0.03% 0.05% 0.02% 0.33% 0.47% 0.53%
EPS 2 0.385 0.174 1.193 2.94 4.9 10.09 14.66 18.99
Distribution rate 4.16% 9.2% 1.34% 2.38% 0.82% 7.53% 7.36% 6.3%
Net sales 1 26,914 26,974 60,922 130,497 215,938 410,164 639,950 828,412
EBITDA 1 11,215 5,768 34,480 83,317 140,143 272,414 424,677 550,494
EBIT 1 12,690 9,040 37,134 86,789 137,300 268,731 435,936 575,098
Net income 1 9,752 4,368 29,760 72,880 120,067 245,032 353,897 442,299
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 61.62 142.62 187.67 227.98 227.98 227.98
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.($)
22.2x12.36x18.26x0.36% 5,078B
22.49x11.03x14.95x1.12% 1,965B
39.49x16.19x23.82x0.74% 1,692B
12.93x7.84x9.48x0.06% 1,060B
4.83x3.01x3.62x0.22% 887B
83.94x15.2x57.16x-.--% 785B
-38.25x7.72x21.47x-.--% 464B
199.77x43.59x88.88x-.--% 268B
30.78x11.18x20.7x2.19% 239B
129.08x18.61x49.78x0.1% 215B
Average 50.72x 14.67x 30.81x 0.48% 1,265B
Weighted average by Cap. 29.92x 12.38x 21.34x 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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