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 5,445,390 - -
Change - -14.79% 220.05% 129.49% 30.56% 19.41% - -
Enterprise Value (EV) 1 547,838 473,196 1,505,665 3,449,554 4,506,105 5,287,237 5,106,154 4,837,409
Change - -13.62% 218.19% 129.11% 30.63% 17.33% -3.42% -5.26%
P/E 58x 111x 51.6x 48.5x 38.3x 22.6x 14.5x 11.2x
PBR 21.3x 21.9x 35.8x 44.6x 29.2x 17.8x 9.9x 6.1x
PEG - -2x 0x 0x 0.6x 0x 0.3x 0.4x
Capitalization / Revenue 20.7x 17.6x 25x 26.8x 21.1x 13.2x 7.98x 6.1x
EV / Revenue 20.4x 17.5x 24.7x 26.4x 20.9x 12.8x 7.48x 5.41x
EV / EBITDA 48.8x 82x 43.7x 41.4x 32.2x 19.5x 11.4x 8.11x
EV / EBIT 43.2x 52.3x 40.5x 39.7x 32.8x 19.7x 11.3x 8.03x
EV / FCF 67.4x 124x 55.7x 56.7x 46.6x 27.2x 15.8x 11x
FCF Yield 1.48% 0.8% 1.79% 1.76% 2.15% 3.67% 6.34% 9.12%
Dividend per Share 2 0.016 0.016 0.016 0.07 0.04 0.7574 1.091 1.214
Rate of return 0.07% 0.08% 0.03% 0.05% 0.02% 0.34% 0.48% 0.54%
EPS 2 0.385 0.174 1.193 2.94 4.9 9.968 15.57 20.07
Distribution rate 4.16% 9.2% 1.34% 2.38% 0.82% 7.6% 7% 6.05%
Net sales 1 26,914 26,974 60,922 130,497 215,938 411,558 682,733 893,381
EBITDA 1 11,215 5,768 34,480 83,317 140,143 271,568 447,752 596,721
EBIT 1 12,690 9,040 37,134 86,789 137,300 268,844 452,269 602,603
Net income 1 9,752 4,368 29,760 72,880 120,067 242,920 376,752 478,817
Net Debt 1 -10,262 -2,343 -16,275 -43,210 -54,088 -158,153 -339,236 -607,981
Reference price 2 22.32 19.32 61.62 142.62 187.67 225.51 225.51 225.51
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.($)
23.24x11.42x15.48x1.08% 2,040B
38.51x16.23x23.84x0.73% 1,695B
5.27x3.41x4.12x0.19% 994B
145.41x18.97x46.78x0.09% 229B
15.83x5.03x14.48x1.84% 211B
5.23x2.7x3.26x1.39% 189B
124.41x38.28x114.78x0.21% 103B
45.6x4.93x17.8x0.68% 86.52B
Average 50.44x 12.62x 30.07x 0.78% 693.26B
Weighted average by Cap. 31.06x 11.63x 18.72x 0.79%

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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