Company Valuation: Gilead Sciences, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 91,081 107,677 100,942 115,118 152,281 161,665 - -
Change - 18.22% -6.25% 14.04% 32.28% 6.16% - -
Enterprise Value (EV) 1 118,530 126,522 118,665 131,838 169,585 171,262 161,665 151,709
Change - 6.74% -6.21% 11.1% 28.63% 0.99% -5.6% -6.16%
P/E 14.7x 23.6x 18x 243x 18.1x -46.9x 16.5x 15.1x
PBR 4.32x 5.05x 4.48x 5.98x 6.73x 8.23x 6.43x 5.18x
PEG - -0.9x 0.8x -2.7x 0x 0x -0x 1.65x
Capitalization / Revenue 3.34x 3.95x 3.72x 4x 5.17x 5.31x 5.01x 4.74x
EV / Revenue 4.34x 4.64x 4.38x 4.59x 5.76x 5.63x 5.01x 4.45x
EV / EBITDA 8.12x 8.86x 9.01x 11.7x 10.6x 31.1x 9x 8.44x
EV / EBIT 9.45x 10.4x 11.3x 15.5x 12.9x 61.8x 10.4x 9.06x
EV / FCF 11x 15.2x 16x 12.8x 17.9x 212x 12.2x 10.8x
FCF Yield 9.12% 6.59% 6.25% 7.82% 5.58% 0.47% 8.2% 9.27%
Dividend per Share 2 2.84 2.92 3 3.08 3.16 3.296 3.409 3.102
Rate of return 3.91% 3.4% 3.7% 3.33% 2.57% 2.53% 2.62% 2.38%
EPS 2 4.93 3.64 4.5 0.38 6.78 -2.775 7.887 8.608
Distribution rate 57.6% 80.2% 66.7% 811% 46.6% -119% 43.2% 36%
Net sales 1 27,305 27,281 27,116 28,754 29,443 30,425 32,297 34,107
EBITDA 1 14,598 14,283 13,177 11,287 15,953 5,510 17,953 17,972
EBIT 1 12,548 12,180 10,484 8,520 13,193 2,771 15,584 16,737
Net income 1 6,225 4,592 5,665 480 8,510 -3,391 9,779 10,495
Net Debt 1 27,449 18,845 17,723 16,720 17,304 9,597 - -9,955
Reference price 2 72.61 85.85 81.01 92.37 122.74 130.21 130.21 130.21
Nbr of stocks (in thousands) 1,254,384 1,254,244 1,246,042 1,246,266 1,240,680 1,241,570 - -
Announcement Date 01/02/22 02/02/23 06/02/24 11/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
35.03x12.19x25.61x0.59% 1,024B
27.48x6.29x17.54x2.1% 618B
32.57x7.42x15.35x2.76% 443B
19.7x4.68x11.59x2.83% 349B
21.76x4.48x12.7x1.96% 264B
13.48x5.05x10.4x3.71% 209B
25.29x6.61x11.66x2.62% 208B
12.69x3.11x7.86x6.88% 143B
11.77x3.27x8.54x3.87% 133B
Average 22.20x 5.90x 13.47x 3.03% 376.74B
Weighted average by Cap. 26.95x 7.60x 17.14x 2.19%

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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