Company Valuation: Philips NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 27,462 12,091 18,834 22,791 22,101 21,846 - -
Change - -55.97% 55.77% 21.01% -3.03% -1.15% - -
Enterprise Value (EV) 1 32,138 18,178 24,651 28,027 27,392 26,495 25,822 24,931
Change - -43.44% 35.61% 13.69% -2.27% -3.27% -2.54% -3.45%
P/E 8.98x -7.69x -41.3x -32.8x 25x 18.4x 16.8x 14.2x
PBR 1.97x 0.93x 1.61x 1.91x 2.02x 1.84x 1.76x 1.65x
PEG - 0x 0.6x -0.6x -0x 0.6x 1.8x 0.8x
Capitalization / Revenue 1.6x 0.68x 1.04x 1.26x 1.24x 1.22x 1.17x 1.12x
EV / Revenue 1.87x 1.02x 1.36x 1.56x 1.54x 1.48x 1.38x 1.28x
EV / EBITDA 10.8x 7.89x 8.66x 9.4x 8.99x 8.24x 7.72x 6.89x
EV / EBIT 15.6x 13.8x 12.8x 13.5x 12.5x 11.3x 10.5x 9.19x
EV / FCF 35.7x -18.9x 15.6x 30.9x 53.5x 21x 18.6x 15.6x
FCF Yield 2.8% -5.29% 6.42% 3.23% 1.87% 4.76% 5.36% 6.42%
Dividend per Share 2 0.7868 0.7868 0.8219 0.8428 0.85 0.8611 0.8565 0.8864
Rate of return 2.59% 6.07% 4.03% 3.45% 3.66% 3.85% 3.83% 3.97%
EPS 2 3.379 -1.685 -0.4932 -0.7437 0.93 1.218 1.331 1.574
Distribution rate 23.3% -46.7% -167% -113% 91.4% 70.7% 64.3% 56.3%
Net sales 1 17,156 17,827 18,169 18,021 17,834 17,919 18,712 19,550
EBITDA 1 2,985 2,305 2,845 2,982 3,046 3,217 3,345 3,616
EBIT 1 2,054 1,318 1,921 2,077 2,195 2,338 2,449 2,712
Net income 1 3,319 -1,608 -466 -702 895 1,174 1,329 1,581
Net Debt 1 4,676 6,087 5,817 5,236 5,291 4,650 3,976 3,086
Reference price 2 30.33 12.96 20.39 24.40 23.24 22.35 22.35 22.35
Nbr of stocks (in thousands) 905,498 932,751 923,773 934,049 950,979 977,427 - -
Announcement Date 1/24/22 1/30/23 1/29/24 2/19/25 2/10/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.73x5.44x20.85x0.3% 227B
35.6x6.4x20.31x0.67% 146B
40.56x10.54x23.3x-.--% 130B
17.53x3.59x11.66x-.--% 69.27B
35.48x7.12x22.52x-.--% 51.82B
19.28x2.32x11.64x2.64% 50.45B
29.21x5.76x19.58x0.68% 42.53B
72.4x6.91x21.03x-.--% 40.22B
44.82x7.29x25.72x-.--% 32.95B
Average 36.18x 6.15x 19.62x 0.48% 87.75B
Weighted average by Cap. 34.29x 6.37x 20.01x 0.42%

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