Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 942,608 - -
Change - 0.04% 14.67% 77.25% 20.42% -0.73% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 993,865 994,518 996,050
Change - 1.95% 13.66% 71.26% 20% 0.35% 0.07% 0.15%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 41.3x 37.3x 33.4x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.75x 7.94x 7.43x
PEG - -2.7x 0.8x 1.6x 3.3x 7.62x 3.5x 2.8x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.25x 1.2x 1.15x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.32x 1.27x 1.21x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 20.2x 18.7x 17.2x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 29.5x 27x 24.4x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 84.5x 61.6x 53.9x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.18% 1.62% 1.85%
Dividend per Share 2 0.7333 0.7467 0.76 0.83 0.94 0.9964 1.05 1.108
Rate of return 1.57% 1.56% 1.38% 0.85% 0.79% 0.84% 0.88% 0.93%
EPS 2 1.623 1.423 1.913 2.41 2.73 2.878 3.185 3.56
Distribution rate 45.2% 52.5% 39.7% 34.4% 34.4% 34.6% 33% 31.1%
Net sales 1 567,762 605,881 642,637 674,538 706,413 752,858 785,569 822,281
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,166 53,316 57,881
EBIT 1 26,050 24,602 27,012 29,504 31,096 33,665 36,850 40,803
Net income 1 13,673 11,680 15,511 19,436 21,893 23,022 25,411 28,203
Net Debt 1 28,071 35,997 37,024 36,753 40,796 51,257 51,910 53,442
Reference price 2 46.60 47.96 55.08 98.16 119.14 118.81 118.81 118.81
Nbr of stocks (in thousands) 8,321,635 8,090,400 8,076,701 8,033,386 7,970,167 7,933,746 - -
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.($)
41.28x1.32x20.21x0.84% 943B
27.05x1.29x11.21x0.88% 56.96B
17.07x0.59x8.56x3.02% 44.51B
17.16x0.68x12.74x2.69% 40.45B
22.52x0.94x6.24x5.56% 38.08B
12.69x0.35x6.51x2.36% 37.58B
28.14x0.87x10x2.62% 34.95B
12.12x0.46x5.88x3.88% 31.81B
16.3x0.64x7.34x2.89% 29.42B
Average 21.59x 0.79x 9.86x 2.75% 139.6B
Weighted average by Cap. 35.89x 1.18x 17.37x 1.34%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Walmart Inc.

Historical PBR trend

Valuation ratios - PBR - Walmart Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Walmart Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Walmart Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Walmart Inc.