Company Valuation: Pfizer

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 331,440 287,626 162,560 150,345 141,574 158,451 - -
Change - -13.22% -43.48% -7.51% -5.83% 11.92% - -
Enterprise Value (EV) 1 338,807 300,723 221,758 194,219 192,773 205,934 199,431 195,610
Change - -11.24% -26.26% -12.42% -0.74% 6.83% -3.16% -1.92%
P/E 15.3x 9.37x 77.8x 18.8x 18.3x 17.5x 13.6x 16x
PBR 4.3x 3x 1.83x 1.7x 1.64x 1.81x 1.8x 1.77x
PEG - 0.2x -0.8x 0x -5.16x 1.1x 0.5x -1.1x
Capitalization / Revenue 4.08x 2.87x 2.78x 2.36x 2.26x 2.55x 2.65x 2.88x
EV / Revenue 4.17x 3x 3.79x 3.05x 3.08x 3.31x 3.33x 3.55x
EV / EBITDA 13.3x 7.1x 14.2x 6.74x 6.75x 8.47x 8.26x 9.28x
EV / EBIT 16.7x 8.07x 23.8x 8.91x 8.77x 9.64x 9.62x 10.9x
EV / FCF 11.3x 11.6x 46.3x 19.7x 21.2x 11.2x 10.4x 11x
FCF Yield 8.82% 8.66% 2.16% 5.06% 4.71% 8.93% 9.65% 9.06%
Dividend per Share 2 1.56 1.61 1.65 1.68 1.72 1.721 1.735 1.733
Rate of return 2.64% 3.14% 5.73% 6.33% 6.91% 6.19% 6.24% 6.23%
EPS 2 3.85 5.47 0.37 1.41 1.36 1.586 2.047 1.742
Distribution rate 40.5% 29.4% 446% 119% 126% 109% 84.8% 99.5%
Net sales 1 81,288 100,330 58,496 63,627 62,579 62,235 59,878 55,064
EBITDA 1 25,426 42,336 15,590 28,801 28,563 24,303 24,139 21,072
EBIT 1 20,235 37,272 9,300 21,788 21,971 21,372 20,724 18,015
Net income 1 21,979 31,372 2,119 8,031 7,771 8,900 11,080 9,884
Net Debt 1 7,367 13,097 59,198 43,874 51,199 47,484 40,980 37,159
Reference price 2 59.05 51.24 28.79 26.53 24.90 27.80 27.80 27.80
Nbr of stocks (in thousands) 5,612,867 5,613,315 5,646,413 5,666,990 5,685,708 5,699,674 - -
Announcement Date 2/8/22 1/31/23 1/30/24 2/4/25 2/3/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.45x11.78x23.93x0.61% 1,019B
28.48x6.32x17.74x2.09% 617B
33.26x7.78x16.08x2.64% 464B
104.98x5.87x24.89x2.36% 356B
18.81x4.58x11.36x2.9% 333B
19.83x5.17x12.78x3.09% 267B
20.02x4.17x11.86x2.13% 244B
25.46x6.66x11.86x2.5% 218B
-43.78x6.39x24.97x2.27% 179B
Average 26.61x 6.52x 17.28x 2.29% 410.8B
Weighted average by Cap. 31.80x 7.61x 18.61x 1.96%

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