Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 892,896 - -
Change - 0.04% 14.67% 77.25% 20.42% -5.97% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 941,550 941,831 943,727
Change - 1.95% 13.66% 71.26% 20% -4.93% 0.03% 0.2%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 38.7x 34.6x 31.2x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.3x 7.51x 7.05x
PEG - -2.7x 0.8x 1.6x 3.3x 6.22x 3x 2.8x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.19x 1.13x 1.08x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.25x 1.2x 1.14x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 19.2x 17.5x 16.1x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 27.9x 25.1x 22.7x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 83.5x 58.1x 50.1x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.2% 1.72% 1.99%
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% 0.89% 0.93% 0.97%
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 1 567,762 605,881 642,637 674,538 706,413 752,218 786,986 825,571
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 33,728 37,593 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 98.16 119.14 112.20 112.20 112.20
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
28.85x1.22x10.6x0.94% 53.85B
15.76x0.54x7.91x3.28% 40.03B
20.2x0.6x11.43x2.67% 38.63B
13.19x0.5x6.28x3.52% 36.13B
11.55x0.33x6.13x2.53% 35.75B
45.54x0.89x10.46x2.39% 33.63B
22.98x0.76x6.55x1.34% 27.99B
51.7x0.62x10.49x1.04% 23.75B
24.13x0.62x12.12x-.--% 20.93B
Average 25.99x 0.68x 9.11x 1.97% 34.52B
Weighted average by Cap. 24.98x 0.71x 9.05x 2.08%

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