Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 878,492 - -
Change - 0.04% 14.67% 77.25% 20.42% -7.48% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 927,146 927,427 929,322
Change - 1.95% 13.66% 71.26% 20% -6.38% 0.03% 0.2%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 38.1x 34.1x 30.7x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.17x 7.39x 6.93x
PEG - -2.7x 0.8x 1.6x 3.3x 6.12x 2.9x 2.8x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.17x 1.12x 1.06x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.23x 1.18x 1.13x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 18.9x 17.2x 15.8x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 27.5x 24.7x 22.4x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 82.2x 57.2x 49.4x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.22% 1.75% 2.03%
Dividend per Share 2 0.7333 0.7467 0.76 0.83 0.94 0.9966 1.048 1.09
Rate of return 1.57% 1.56% 1.38% 0.85% 0.79% 0.9% 0.95% 0.99%
EPS 2 1.623 1.423 1.913 2.41 2.73 2.9 3.24 3.595
Distribution rate 45.2% 52.5% 39.7% 34.4% 34.4% 34.4% 32.3% 30.3%
Net sales 1 567,762 605,881 642,637 674,538 706,413 752,172 786,933 825,571
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,084 53,790 58,742
EBIT 1 26,050 24,602 27,012 29,504 31,096 33,726 37,591 41,552
Net income 1 13,673 11,680 15,511 19,436 21,893 23,130 25,857 28,562
Net Debt 1 28,071 35,997 37,024 36,753 40,796 48,654 48,934 50,830
Reference price 2 46.60 47.96 55.08 98.16 119.14 110.39 110.39 110.39
Nbr of stocks (in thousands) 8,321,635 8,090,400 8,076,701 8,033,386 7,970,167 7,958,079 - -
Announcement Date 2/17/22 2/21/23 2/20/24 2/20/25 2/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.63x1.21x10.53x0.95% 53.31B
15.74x0.54x7.91x3.28% 39.87B
20.31x0.6x11.47x2.66% 38.84B
13.07x0.49x6.23x3.56% 35.77B
11.44x0.33x6.08x2.55% 35.4B
45.8x0.9x10.49x2.38% 33.8B
22.72x0.76x6.49x1.35% 27.62B
50.64x0.62x10.38x1.07% 23.21B
24.06x0.62x12.1x-.--% 20.87B
Average 25.82x 0.67x 9.08x 1.98% 34.3B
Weighted average by Cap. 24.84x 0.70x 9.03x 2.09%

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