Company Valuation: Visa Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 439,689 341,101 434,825 523,056 634,836 670,822 - -
Change - -22.42% 27.48% 20.29% 21.37% 5.67% - -
Enterprise Value (EV) 1 440,449 345,029 435,160 528,717 641,010 680,316 677,241 669,630
Change - -21.66% 26.12% 21.5% 21.24% 6.13% -0.45% -1.12%
P/E 39.6x 25.4x 27.8x 28.3x 33.5x 29.2x 24.6x 21.7x
PBR 9.94x 10.7x 12.4x 14.3x 17.7x 19x 17.2x 15.1x
PEG - 1x 1.5x 1.6x 6.94x 1.3x 1.3x 1.6x
Capitalization / Revenue 18.2x 11.6x 13.3x 14.6x 15.9x 14.7x 13.2x 12x
EV / Revenue 18.3x 11.8x 13.3x 14.7x 16x 14.9x 13.3x 11.9x
EV / EBITDA 26.5x 17.5x 19.8x 20.9x 22.6x 21.1x 18.9x 16.9x
EV / EBIT 27.9x 18.3x 20.7x 21.7x 23.7x 22.1x 19.7x 17.6x
EV / FCF 30.3x 19.3x 22.1x 28.3x 29.7x 29.4x 24.8x 21.7x
FCF Yield 3.3% 5.18% 4.53% 3.54% 3.37% 3.41% 4.03% 4.61%
Dividend per Share 2 1.335 1.575 1.87 2.08 2.44 2.7 3.023 3.366
Rate of return 0.6% 0.89% 0.81% 0.76% 0.71% 0.74% 0.83% 0.92%
EPS 2 5.63 7 8.28 9.73 10.2 12.53 14.84 16.86
Distribution rate 23.7% 22.5% 22.6% 21.4% 23.9% 21.6% 20.4% 20%
Net sales 1 24,105 29,310 32,653 35,926 40,000 45,744 50,770 56,069
EBITDA 1 16,608 19,674 21,943 25,351 28,314 32,193 35,804 39,641
EBIT 1 15,804 18,813 21,000 24,317 27,094 30,842 34,348 38,035
Net income 1 12,311 14,957 17,273 19,743 20,058 23,940 27,606 30,512
Net Debt 1 760 3,928 335 5,661 6,174 9,493 6,418 -1,192
Reference price 2 222.75 177.65 230.01 274.95 341.38 365.45 365.45 365.45
Nbr of stocks (in thousands) 1,973,911 1,920,074 1,890,459 1,902,367 1,859,616 1,835,606 - -
Announcement Date 10/26/21 10/25/22 10/24/23 10/29/24 10/28/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
29.17x14.87x21.13x0.74% 671B
12.02x1.58x8.11x0.93% 51.83B
48.16x1.86x10.43x-.--% 49.92B
11.16x2.82x6.79x-.--% 29.51B
21.31x6.44x12.35x-.--% 27.92B
-25.34x3.51x7.49x1.08% 25.09B
176.72x10.99x168.61x-.--% 11.07B
19.01x6.3x19.43x-.--% 9.92B
15.21x2.6x6.15x5.05% 7.45B
Average 34.16x 5.66x 28.95x 0.87% 98.17B
Weighted average by Cap. 28.46x 12.12x 20.32x 0.69%

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