Company Valuation: Salesforce, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 229,141 166,458 272,095 327,007 198,916 205,989 - -
Change - -27.36% 63.46% 20.18% -39.17% 3.56% - -
Enterprise Value (EV) 1 229,196 163,369 267,327 321,408 203,790 231,738 223,269 216,699
Change - -28.72% 63.63% 20.23% -36.59% 13.71% -3.65% -2.94%
P/E 157x 800x 66.9x 53.7x 27.2x 24x 25.6x 20.8x
PBR 3.82x 2.86x 4.64x 5.36x 3.41x 5.07x 4.53x 4.14x
PEG - -9.3x 0x 1x 1.2x 0.7x -3.96x 0.9x
Capitalization / Revenue 8.65x 5.31x 7.81x 8.63x 4.79x 4.45x 4.06x 3.7x
EV / Revenue 8.65x 5.21x 7.67x 8.48x 4.91x 5.01x 4.4x 3.89x
EV / EBITDA 27.8x 18.3x 21x 22.4x 12.7x 12.3x 11x 9.41x
EV / EBIT 46.3x 23.1x 25.1x 25.7x 14.4x 14.6x 12.5x 10.9x
EV / FCF 43.4x 25.9x 28.1x 25.8x 14.2x 15.5x 13.6x 11.8x
FCF Yield 2.31% 3.86% 3.55% 3.87% 7.07% 6.47% 7.37% 8.5%
Dividend per Share 2 - - - 1.6 1.664 1.731 1.812 1.926
Rate of return - - - 0.47% 0.78% 0.69% 0.72% 0.77%
EPS 2 1.48 0.21 4.2 6.36 7.8 10.45 9.773 12.03
Distribution rate - - - 25.2% 21.3% 16.6% 18.5% 16%
Net sales 1 26,492 31,352 34,857 37,895 41,525 46,295 50,789 55,703
EBITDA 1 8,249 8,903 12,722 14,324 16,100 18,870 20,374 23,028
EBIT 1 4,951 7,068 10,632 12,498 14,156 15,891 17,810 19,947
Net income 1 1,444 208 4,136 6,197 7,457 8,755 8,072 9,646
Net Debt 1 55 -3,089 -4,768 -5,599 4,874 25,749 17,280 10,710
Reference price 2 232.63 167.97 281.09 341.70 212.29 250.29 250.29 250.29
Nbr of stocks (in thousands) 985,000 991,000 968,000 957,000 937,000 823,000 - -
Announcement Date 3/1/22 3/1/23 2/28/24 2/26/25 2/25/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.22x4.05x14.08x2.68% 238B
23.95x5.01x12.28x0.69% 206B
17.66x2.01x10.33x2.68% 153B
-123.59x17.14x94.25x-.--% 111B
-523.76x37.2x152.79x-.--% 108B
16.35x2.95x11.37x4.92% 95.75B
23.33x6.05x14.86x2.4% 70.41B
15.09x2.2x9.35x5.16% 49.32B
25.59x2.13x13.49x1.22% 50.46B
Average -55.57x 8.75x 36.98x 2.2% 120.12B
Weighted average by Cap. -47.58x 8.46x 34.85x 1.98%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Salesforce, Inc.

Historical PBR trend

Valuation ratios - PBR - Salesforce, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Salesforce, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Salesforce, Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Salesforce, Inc.