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 21,357 - -
Change - -55.97% 55.77% 21.01% -3.03% -3.37% - -
Enterprise Value (EV) 1 32,138 18,178 24,651 28,027 27,392 26,007 25,333 24,443
Change - -43.44% 35.61% 13.69% -2.27% -5.06% -2.59% -3.51%
P/E 8.98x -7.69x -41.3x -32.8x 25x 17.9x 16.4x 13.9x
PBR 1.97x 0.93x 1.61x 1.91x 2.02x 1.8x 1.72x 1.62x
PEG - 0x 0.6x -0.6x -0x 0.6x 1.75x 0.8x
Capitalization / Revenue 1.6x 0.68x 1.04x 1.26x 1.24x 1.19x 1.14x 1.09x
EV / Revenue 1.87x 1.02x 1.36x 1.56x 1.54x 1.45x 1.35x 1.25x
EV / EBITDA 10.8x 7.89x 8.66x 9.4x 8.99x 8.08x 7.57x 6.76x
EV / EBIT 15.6x 13.8x 12.8x 13.5x 12.5x 11.1x 10.3x 9.01x
EV / FCF 35.7x -18.9x 15.6x 30.9x 53.5x 20.6x 18.3x 15.3x
FCF Yield 2.8% -5.29% 6.42% 3.23% 1.87% 4.85% 5.47% 6.55%
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% 3.94% 3.92% 4.06%
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 21.85 21.85 21.85
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
32.73x5.73x21.97x0.28% 243B
37.29x6.68x21.19x0.64% 155B
43.58x11.52x25.44x-.--% 142B
16.99x3.47x11.28x-.--% 65.1B
35.08x7.03x22.25x-.--% 51.17B
18.43x2.25x11.4x2.74% 47.67B
32.58x6.45x21.9x0.61% 47.16B
74.54x7.11x21.69x-.--% 41.83B
50.03x8.06x28.44x-.--% 37.37B
Average 37.92x 6.48x 20.62x 0.47% 92.36B
Weighted average by Cap. 36.40x 6.82x 21.26x 0.39%

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

-40%: Exceptional extension
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