Company Valuation: Visa, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 439,689 341,101 434,825 523,056 634,836 676,494 - -
Change - -22.42% 27.48% 20.29% 21.37% 6.56% - -
Enterprise Value (EV) 1 440,449 345,029 435,160 528,717 641,010 685,988 682,913 675,302
Change - -21.66% 26.12% 21.5% 21.24% 7.02% -0.45% -1.11%
P/E 39.6x 25.4x 27.8x 28.3x 33.5x 29.6x 25x 22x
PBR 9.94x 10.7x 12.4x 14.3x 17.7x 19.3x 17.5x 15.3x
PEG - 1x 1.5x 1.6x 6.94x 1.3x 1.4x 1.6x
Capitalization / Revenue 18.2x 11.6x 13.3x 14.6x 15.9x 14.8x 13.3x 12.1x
EV / Revenue 18.3x 11.8x 13.3x 14.7x 16x 15x 13.5x 12x
EV / EBITDA 26.5x 17.5x 19.8x 20.9x 22.6x 21.3x 19.1x 17x
EV / EBIT 27.9x 18.3x 20.7x 21.7x 23.7x 22.3x 19.9x 17.8x
EV / FCF 30.3x 19.3x 22.1x 28.3x 29.7x 29.6x 25x 21.9x
FCF Yield 3.3% 5.18% 4.53% 3.54% 3.37% 3.38% 3.99% 4.57%
Dividend per Share 2 1.335 1.575 1.87 2.08 2.44 2.7 3.023 3.365
Rate of return 0.6% 0.89% 0.81% 0.76% 0.71% 0.73% 0.82% 0.91%
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 45,801 50,747 56,061
EBITDA 1 16,608 19,674 21,943 25,351 28,314 32,206 35,790 39,635
EBIT 1 15,804 18,813 21,000 24,317 27,094 30,790 34,332 38,024
Net income 1 12,311 14,957 17,273 19,743 20,058 23,940 27,600 30,510
Net Debt 1 760 3,928 335 5,661 6,174 9,493 6,418 -1,192
Reference price 2 222.75 177.65 230.01 274.95 341.38 370.47 370.47 370.47
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.42x14.98x21.3x0.73% 676B
36.5x1.81x10.35x-.--% 50.59B
11.49x1.51x7.78x0.97% 49.56B
9.46x2.68x6.2x-.--% 28.85B
18.52x5.85x11.12x-.--% 25.79B
-20.31x3.4x7.18x1.18% 23.26B
20.02x6.49x20.02x-.--% 10.61B
153.1x9.32x142.99x-.--% 9.62B
15.93x2.7x6.4x4.83% 7.81B
Average 30.46x 5.42x 25.93x 0.86% 98.06B
Weighted average by Cap. 27.65x 12.22x 19.93x 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