Company Valuation: Visa, Inc.

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 439,689 341,101 434,825 523,056 634,836 701,954 - -
Change - -22.42% 27.48% 20.29% 21.37% 10.57% - -
Enterprise Value (EV) 1 440,449 345,029 435,160 528,717 641,010 711,448 708,373 700,762
Change - -21.66% 26.12% 21.5% 21.24% 10.99% -0.43% -1.07%
P/E 39.6x 25.4x 27.8x 28.3x 33.5x 30.5x 25.7x 22.6x
PBR 9.94x 10.7x 12.4x 14.3x 17.7x 19.9x 18x 15.8x
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 15.3x 13.8x 12.5x
EV / Revenue 18.3x 11.8x 13.3x 14.7x 16x 15.5x 13.9x 12.5x
EV / EBITDA 26.5x 17.5x 19.8x 20.9x 22.6x 22.1x 19.8x 17.7x
EV / EBIT 27.9x 18.3x 20.7x 21.7x 23.7x 23.1x 20.6x 18.4x
EV / FCF 30.3x 19.3x 22.1x 28.3x 29.7x 30.7x 25.9x 22.7x
FCF Yield 3.3% 5.18% 4.53% 3.54% 3.37% 3.26% 3.85% 4.4%
Dividend per Share 2 1.335 1.575 1.87 2.08 2.44 2.7 3.023 3.367
Rate of return 0.6% 0.89% 0.81% 0.76% 0.71% 0.71% 0.79% 0.88%
EPS 2 5.63 7 8.28 9.73 10.2 12.53 14.87 16.92
Distribution rate 23.7% 22.5% 22.6% 21.4% 23.9% 21.6% 20.3% 19.9%
Net sales 1 24,105 29,310 32,653 35,926 40,000 45,794 50,824 56,157
EBITDA 1 16,608 19,674 21,943 25,351 28,314 32,211 35,806 39,609
EBIT 1 15,804 18,813 21,000 24,317 27,094 30,847 34,343 38,012
Net income 1 12,311 14,957 17,273 19,743 20,058 23,917 27,627 30,473
Net Debt 1 760 3,928 335 5,661 6,174 9,493 6,418 -1,192
Reference price 2 222.75 177.65 230.01 274.95 341.38 382.41 382.41 382.41
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.($)
30.52x15.54x22.09x0.71% 702B
12.23x1.6x8.25x0.91% 52.76B
47.18x1.82x10.21x-.--% 48.89B
11.15x2.75x6.62x-.--% 28.16B
20.74x6.3x12.09x-.--% 27.18B
-24.97x3.5x7.47x1.08% 24.95B
86.63x8.45x77.99x-.--% 10.86B
19.69x6.42x19.8x-.--% 10.3B
16.29x2.75x6.5x4.72% 8.06B
Average 24.38x 5.46x 19.00x 0.82% 101.46B
Weighted average by Cap. 28.37x 12.70x 19.98x 0.67%

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