Company Valuation: Texas Instruments Incorporated

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 150,662 174,057 149,949 154,812 171,050 196,584 - -
Change - 15.53% -13.85% 3.24% 10.49% 14.93% - -
Enterprise Value (EV) 1 150,892 172,059 149,617 157,460 177,066 205,875 205,684 205,274
Change - 14.03% -13.04% 5.24% 12.45% 16.27% -0.09% -0.2%
P/E ratio 27.5x 22.8x 17.6x 24.1x 36.1x 39.2x 32.4x 27.8x
PBR 16.4x 13.1x 17.7x 9.17x 10.1x 12.4x 12.8x 12.8x
PEG - 0.6x 1.3x -1x -1.4x 6.49x 1.5x 1.7x
Capitalization / Revenue 10.4x 9.49x 7.49x 8.84x 10.9x 11.4x 10.3x 9.29x
EV / Revenue 10.4x 9.38x 7.47x 8.99x 11.3x 11.9x 10.8x 9.7x
EV / EBITDA 22.1x 17.5x 13.5x 18.5x 25.4x 25.7x 21.9x 18.9x
EV / EBIT 25.6x 19.2x 14.8x 21.5x 32.4x 34.3x 28.8x 24.3x
EV / FCF 27.5x 27.3x 25.3x 117x 118x 95.6x 34.1x 24.9x
FCF Yield 3.64% 3.66% 3.96% 0.86% 0.85% 1.05% 2.93% 4.02%
Dividend per Share 2 3.72 4.21 4.69 5.02 5.26 5.492 5.7 5.885
Rate of return 2.27% 2.23% 2.84% 2.94% 2.81% 2.54% 2.63% 2.72%
EPS 2 5.97 8.26 9.41 7.07 5.2 5.514 6.68 7.781
Distribution rate 62.3% 51% 49.8% 71% 101% 99.6% 85.3% 75.6%
Net sales 1 14,461 18,344 20,028 17,519 15,641 17,309 19,088 21,170
EBITDA 1 6,825 9,857 11,065 8,506 6,973 7,998 9,406 10,853
EBIT 1 5,894 8,960 10,140 7,331 5,465 5,998 7,130 8,440
Net income 1 5,595 7,769 8,749 6,510 4,799 5,056 5,986 6,791
Net Debt 1 230 -1,998 -332 2,648 6,016 9,291 9,100 8,690
Reference price 2 164.13 188.47 165.22 170.46 187.51 216.39 216.39 216.39
Nbr of stocks (in thousands) 917,942 923,526 907,572 908,204 912,217 908,472 - -
Announcement Date 1/26/21 1/25/22 1/24/23 1/23/24 1/23/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39.29x11.91x25.77x2.54% 197B
39.19x19.09x31.95x0.02% 3,974B
61.52x21.08x31.74x0.87% 1,307B
18.32x7.2x10.68x1.72% 967B
69.96x6.82x32.55x-.--% 224B
16.22x3.93x10.17x2.19% 175B
132.12x31.78x65.46x-.--% 156B
6.61x2.23x3.7x0.53% 141B
17.59x3.89x8x0.37% 137B
54.05x11.83x26.33x1.6% 120B
Average 45.49x 11.98x 24.63x 0.98% 739.96B
Weighted average by Cap. 41.98x 16.51x 28.11x 0.55%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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