Company Valuation: Arm Holdings plc

Data adjusted to current consolidation scope
Fiscal Period: March 2024 2025 2026 2027 2028 2029
Market Cap 1 128,499 112,557 160,659 328,424 - -
Change - -12.41% 42.74% 104.42% - -
Enterprise Value (EV) 1 125,576 109,732 157,058 323,954 321,678 318,172
Change - -12.62% 43.13% 106.26% -0.7% -1.09%
P/E 431x 142x 178x 244x 162x 110x
PBR 24.6x 16.6x 19.5x 31.3x 23.6x 17.2x
PEG -10x 1x 13.4x 5x 3.2x 2.4x
Capitalization / Revenue 39.7x 28.1x 32.7x 54.3x 39.9x 30.4x
EV / Revenue 38.8x 27.4x 31.9x 53.6x 39.1x 29.4x
EV / EBITDA 80x 53.4x 66.4x 109x 80.4x 60.1x
EV / EBIT 89.2x 58.6x 74.3x 120x 85.6x 63.8x
EV / FCF 138x 1,108x 178x 177x 112x 74.5x
FCF Yield 0.72% 0.09% 0.56% 0.56% 0.89% 1.34%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.29 0.75 0.85 1.261 1.902 2.786
Distribution rate - - - - - -
Net sales 1 3,233 4,007 4,920 6,046 8,236 10,806
EBITDA 1 1,570 2,054 2,364 2,968 4,001 5,292
EBIT 1 1,408 1,871 2,115 2,700 3,757 4,988
Net income 1 306 792 904 1,341 2,025 3,071
Net Debt 1 -2,923 -2,825 -3,601 -4,469 -6,745 -10,251
Reference price 2 124.99 106.79 151.28 307.49 307.49 307.49
Nbr of stocks (in thousands) 1,028,075 1,054,000 1,062,000 1,068,079 - -
Announcement Date 08/05/24 07/05/25 06/05/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.43x13.34x20.12x0.32% 5,649B
23.23x11.42x15.48x1.08% 2,035B
38.4x16.23x23.84x0.73% 1,695B
14.63x8.98x10.8x0.05% 1,214B
110.59x20.07x76.37x-.--% 1,035B
5.22x3.39x4.09x0.19% 996B
-51.7x10.3x28.67x-.--% 627B
243.9x53.58x109.14x-.--% 328B
Average 50.96x 17.16x 36.06x 0.3% 1,698B
Weighted average by Cap. 31.65x 13.64x 24.71x 0.41%

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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