Company Valuation: Texas Instruments Incorporated

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 174,057 149,949 154,812 171,050 157,637 259,431 - -
Change - -13.85% 3.24% 10.49% -7.84% 64.57% - -
Enterprise Value (EV) 1 172,059 149,617 157,460 177,066 166,804 267,188 267,086 263,834
Change - -13.04% 5.24% 12.45% -5.8% 60.18% -0.04% -1.22%
P/E ratio 22.8x 17.6x 24.1x 36.1x 31.8x 37.1x 31.9x 28.2x
PBR 13.1x 17.7x 9.17x 10.1x 9.67x 14.4x 13.5x 12.8x
PEG - 1.3x -1x -1.4x 6.61x 0.9x 1.9x 2.2x
Capitalization / Revenue 9.49x 7.49x 8.84x 10.9x 8.92x 12.4x 11.2x 10.2x
EV / Revenue 9.38x 7.47x 8.99x 11.3x 9.43x 12.7x 11.5x 10.4x
EV / EBITDA 17.5x 13.5x 18.5x 25.4x 20.8x 24.5x 21.5x 19.5x
EV / EBIT 19.2x 14.8x 21.5x 32.4x 27.7x 31.5x 27.4x 23.5x
EV / FCF 27.3x 25.3x 117x 118x 64.1x 36.7x 31.6x 28.2x
FCF Yield 3.66% 3.96% 0.86% 0.85% 1.56% 2.73% 3.16% 3.55%
Dividend per Share 2 4.21 4.69 5.02 5.26 5.5 5.751 6.003 6.303
Rate of return 2.23% 2.84% 2.94% 2.81% 3.17% 2.02% 2.11% 2.21%
EPS 2 8.26 9.41 7.07 5.2 5.45 7.685 8.944 10.11
Distribution rate 51% 49.8% 71% 101% 101% 74.8% 67.1% 62.4%
Net sales 1 18,344 20,028 17,519 15,641 17,682 21,002 23,248 25,410
EBITDA 1 9,857 11,065 8,506 6,973 8,022 10,925 12,444 13,540
EBIT 1 8,960 10,140 7,331 5,465 6,023 8,483 9,737 11,208
Net income 1 7,769 8,749 6,510 4,799 5,001 7,038 8,120 9,202
Net Debt 1 -1,998 -332 2,648 6,016 9,167 7,757 7,655 4,403
Reference price 2 188.47 165.22 170.46 187.51 173.49 285.06 285.06 285.06
Nbr of stocks (in thousands) 923,526 907,572 908,204 912,217 908,623 910,093 - -
Announcement Date 1/25/22 1/24/23 1/23/24 1/23/25 1/27/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.09x12.72x24.46x2.02% 259B
21.84x12.28x18.26x0.37% 4,968B
42.83x17.46x25.82x0.68% 1,826B
24.13x11.33x15.47x1.04% 1,943B
14.66x8.53x10.44x0.06% 975B
7.04x3.96x4.84x0.23% 942B
85.89x15.12x57.22x-.--% 760B
-283.9x8.67x25.8x-.--% 498B
280.98x60.62x128.47x-.--% 366B
142.57x20.02x53.05x0.09% 230B
Average 37.31x 17.07x 36.38x 0.45% 1,277B
Weighted average by Cap. 25.35x 13.54x 23.86x 0.46%

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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