Company Valuation: Philips NV

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 27,462 12,091 18,834 22,791 22,101 23,421 - -
Change - -55.97% 55.77% 21.01% -3.03% 5.97% - -
Enterprise Value (EV) 1 32,138 18,178 24,651 28,027 27,392 28,189 27,406 26,475
Change - -43.44% 35.61% 13.69% -2.27% 2.91% -2.78% -3.4%
P/E ratio 8.98x -7.69x -41.3x -32.8x 25x 22.4x 18x 15.4x
PBR 1.97x 0.93x 1.61x 1.91x - 1.98x 1.89x 1.84x
PEG - 0x 0.6x -0.6x -0x 1.2x 0.7x 0.9x
Capitalization / Revenue 1.6x 0.68x 1.04x 1.26x 1.24x 1.31x 1.25x 1.2x
EV / Revenue 1.87x 1.02x 1.36x 1.56x 1.54x 1.57x 1.46x 1.35x
EV / EBITDA 10.8x 7.89x 8.66x 9.4x 8.99x 9.16x 8.18x 7.31x
EV / EBIT 15.6x 13.8x 12.8x 13.5x 12.5x 12.6x 11x 9.56x
EV / FCF 35.7x -18.9x 15.6x 30.9x 53.5x 18.8x 17.2x 14.9x
FCF Yield 2.8% -5.29% 6.42% 3.23% 1.87% 5.32% 5.8% 6.69%
Dividend per Share 2 0.7868 0.7868 0.8219 0.8428 - 0.8501 0.8791 0.9686
Rate of return 2.59% 6.07% 4.03% 3.45% - 3.45% 3.57% 3.93%
EPS 2 3.379 -1.685 -0.4932 -0.7437 0.93 1.099 1.365 1.599
Distribution rate 23.3% -46.7% -167% -113% - 77.4% 64.4% 60.6%
Net sales 1 17,156 17,827 18,169 18,021 17,834 17,942 18,734 19,594
EBITDA 1 2,985 2,305 2,845 2,982 3,046 3,077 3,352 3,621
EBIT 1 2,054 1,318 1,921 2,077 2,195 2,242 2,496 2,770
Net income 1 3,319 -1,608 -466 -702 895 1,047 1,306 1,560
Net Debt 1 4,676 6,087 5,817 5,236 5,291 4,769 3,985 3,054
Reference price 2 30.33 12.96 20.39 24.40 23.24 24.62 24.62 24.62
Nbr of stocks (in thousands) 905,498 932,751 923,773 934,049 950,979 951,289 - -
Announcement Date 1/24/22 1/30/23 1/29/24 2/19/25 2/10/26 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.41x1.57x9.16x3.45% 27B
24.4x4.32x16.91x0.39% 177B
54.24x14.03x32.64x-.--% 170B
29.1x5.53x17.32x0.71% 132B
28.01x4.82x15.6x-.--% 102B
19.68x2.31x11.47x2.69% 50.2B
29.36x6.69x21.48x-.--% 49.14B
21.97x5.78x14.85x1.05% 33.71B
14.55x1.67x9.01x0.23% 32.05B
21.41x4.4x15.23x0.92% 31.55B
Average 26.51x 5.11x 16.37x 0.94% 80.41B
Weighted average by Cap. 31.27x 6.52x 19.35x 0.57%

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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