Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,040,304 1,920,840 2,532,081 3,321,869 3,697,022 2,818,348 - -
Change - -5.86% 31.82% 31.19% 11.29% -23.77% - -
Enterprise Value (EV) 1 1,968,116 1,865,864 2,468,056 3,291,263 3,645,608 2,769,762 2,770,834 2,739,193
Change - -5.2% 32.27% 33.35% 10.77% -24.02% 0.04% -1.14%
P/E 33.7x 26.6x 35.2x 37.9x 36.5x 21.9x 19.4x 16.5x
PBR 14.3x 11.5x 12.3x 12.4x 10.8x 6.3x 4.8x 3.83x
PEG - 1.3x 113.23x 1.7x 2.3x 0.8x 1.5x 0.9x
Capitalization / Revenue 12.1x 9.69x 11.9x 13.6x 13.1x 8.55x 7.33x 6.21x
EV / Revenue 11.7x 9.41x 11.6x 13.4x 12.9x 8.41x 7.21x 6.04x
EV / EBITDA 24.1x 19.1x 23.8x 25x 22.4x 14x 11.6x 9.4x
EV / EBIT 28.1x 22.4x 27.5x 30.1x 28.4x 18x 15.5x 13x
EV / FCF 35.1x 28.6x 41.5x 44.4x 50.9x 42.9x 46.7x 41.2x
FCF Yield 2.85% 3.49% 2.41% 2.25% 1.96% 2.33% 2.14% 2.43%
Dividend per Share 2 2.24 2.48 2.72 3 3.32 3.686 4.036 4.37
Rate of return 0.83% 0.97% 0.8% 0.67% 0.67% 0.97% 1.06% 1.15%
EPS 2 8.05 9.65 9.68 11.8 13.64 17.34 19.55 23
Distribution rate 27.8% 25.7% 28.1% 25.4% 24.3% 21.3% 20.6% 19%
Net sales 1 168,088 198,270 211,915 245,122 281,724 329,502 384,269 453,484
EBITDA 1 81,602 97,843 103,555 131,720 162,681 198,188 239,265 291,380
EBIT 1 69,916 83,383 89,694 109,433 128,528 153,658 178,840 209,965
Net income 1 61,271 72,738 72,361 88,136 101,832 129,242 145,311 169,850
Net Debt 1 -72,188 -54,976 -64,025 -30,606 -51,414 -48,586 -47,514 -79,155
Reference price 2 270.90 256.83 340.54 446.95 497.41 379.40 379.40 379.40
Nbr of stocks (in thousands) 7,531,575 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 - -
Announcement Date 27/07/21 26/07/22 25/07/23 30/07/24 30/07/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
95.24x38.43x64.23x-.--% 308B
139.58x41.52x140.49x0.13% 140B
86.09x17.3x37.59x-.--% 107B
168.33x9.78x24.17x-.--% 87.22B
409.3x17.2x69.27x-.--% 79.38B
30.04x1.55x12.1x-.--% 55.91B
138.75x5.1x25.96x-.--% 44.43B
-33.85x4.54x21.75x-.--% 36.89B
87.99x4.53x21.75x-.--% 28.26B
Average 124.61x 15.55x 46.37x 0.01% 98.56B
Weighted average by Cap. 128.90x 25.17x 61.26x 0.02%

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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  5. Valuation Microsoft Corporation
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