Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 963,166 - -
Change - 0.04% 14.67% 77.25% 20.42% 1.43% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 1,007,618 1,010,216 1,011,534
Change - 1.95% 13.66% 71.26% 20% 1.74% 0.26% 0.13%
P/E Ratio 28.7x 33.7x 28.8x 40.7x 43.6x 41.6x 37.3x 33.9x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.95x 8.1x 7.6x
PEG - -2.7x 0.8x 1.6x 3.3x 6.43x 3.2x 3.3x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.28x 1.22x 1.17x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.34x 1.28x 1.23x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 20.5x 18.8x 17.2x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 29.8x 26.8x 24.3x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 86.3x 61x 54x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.16% 1.64% 1.85%
Dividend per Share 2 0.7333 0.7467 0.76 0.83 0.94 0.9971 1.048 1.091
Rate of return 1.57% 1.56% 1.38% 0.85% 0.79% 0.82% 0.87% 0.9%
EPS 2 1.623 1.423 1.913 2.41 2.73 2.907 3.242 3.575
Distribution rate 45.2% 52.5% 39.7% 34.4% 34.4% 34.3% 32.3% 30.5%
Net sales 1 567,762 605,881 642,637 674,538 706,413 752,137 787,011 825,666
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,186 53,782 58,837
EBIT 1 26,050 24,602 27,012 29,504 31,096 33,792 37,648 41,605
Net income 1 13,673 11,680 15,511 19,436 21,893 23,190 25,922 28,479
Net Debt 1 28,071 35,997 37,024 36,753 40,796 44,451 47,050 48,367
Reference price 2 46.60 47.96 55.08 98.16 119.14 121.03 121.03 121.03
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 Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.45x1.21x10.5x0.95% 53.6B
15.26x0.53x7.81x3.37% 39.4B
12.49x0.36x6.5x2.24% 39.25B
19.79x0.59x11.26x2.71% 38.11B
13.15x0.5x6.28x3.55% 36.77B
43.98x0.87x10.24x2.47% 33.08B
22.57x0.75x6.35x1.29% 27.65B
49.7x0.72x11.84x1.05% 23.88B
23.85x0.61x11.91x-.--% 20.58B
Average 25.47x 0.68x 9.19x 1.96% 34.7B
Weighted average by Cap. 24.37x 0.70x 9.06x 2.07%

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

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