Company Valuation: Amgen Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 126,718 140,139 154,142 140,103 176,250 237,478 - -
Change - 10.59% 9.99% -9.11% 25.8% 34.74% - -
Enterprise Value (EV) 1 151,990 169,779 207,811 188,229 221,725 278,835 272,782 267,910
Change - 11.7% 22.4% -9.42% 17.8% 25.76% -2.17% -1.79%
P/E 21.9x 21.7x 23.1x 34.5x 23x 27.9x 24.9x 23.8x
PBR 18.7x 38.3x 24.7x 23.8x 20.4x 21.2x 17.2x 13.9x
PEG - 1.2x 7.36x -0.9x 0.3x 2.6x 2.1x 5.2x
Capitalization / Revenue 4.88x 5.32x 5.47x 4.19x 4.8x 6.09x 5.88x 5.67x
EV / Revenue 5.85x 6.45x 7.37x 5.63x 6.03x 7.16x 6.76x 6.4x
EV / EBITDA 9.61x 10.5x 11.9x 9.13x 10.4x 12.8x 12.3x 12.1x
EV / EBIT 12.2x 13.3x 15.5x 12.5x 13.7x 16.4x 15.4x 14.5x
EV / FCF 18.1x 19.3x 28.2x 18.1x 27.4x 24.3x 18.2x 16.9x
FCF Yield 5.51% 5.17% 3.54% 5.52% 3.65% 4.12% 5.51% 5.91%
Dividend per Share 2 7.04 7.76 8.52 9 9.52 10.09 10.66 11.12
Rate of return 3.13% 2.95% 2.96% 3.45% 2.91% 2.3% 2.43% 2.53%
EPS 2 10.28 12.11 12.49 7.56 14.23 15.76 17.66 18.47
Distribution rate 68.5% 64.1% 68.2% 119% 66.9% 64% 60.3% 60.2%
Net sales 1 25,979 26,323 28,190 33,424 36,751 38,970 40,377 41,856
EBITDA 1 15,822 16,178 17,470 20,620 21,370 21,765 22,232 22,226
EBIT 1 12,424 12,761 13,399 15,028 16,203 16,952 17,767 18,527
Net income 1 5,893 6,552 6,717 4,090 7,711 8,555 9,430 10,015
Net Debt 1 25,272 29,640 53,669 48,126 45,475 41,357 35,304 30,432
Reference price 2 224.97 262.64 288.02 260.64 327.31 439.26 439.26 439.26
Nbr of stocks (in thousands) 563,266 533,579 535,178 537,533 538,481 540,632 - -
Announcement Date 07/02/22 31/01/23 06/02/24 04/02/25 03/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.74x13.1x27.8x0.54% 1,135B
38.61x6.5x18.29x2.02% 636B
36.46x8.38x17.29x2.41% 505B
20.87x5.11x12.73x2.56% 378B
105.89x5.92x25.41x2.34% 358B
21.76x5.67x13.94x2.81% 295B
22.42x4.53x12.96x1.95% 266B
27.87x7.16x12.81x2.3% 237B
-45.48x6.98x27.06x2.11% 193B
Average 29.46x 7.04x 18.70x 2.12% 444.93B
Weighted average by Cap. 35.14x 8.29x 20.39x 1.8%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Amgen Inc.

Historical PBR trend

Valuation ratios - PBR - Amgen Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Amgen Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Amgen Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - Amgen Inc.