Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 871,171 - -
Change - 0.04% 14.67% 77.25% 20.42% -8.26% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 919,824 920,105 922,001
Change - 1.95% 13.66% 71.26% 20% -7.12% 0.03% 0.21%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 37.7x 33.8x 30.4x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.1x 7.33x 6.88x
PEG - -2.7x 0.8x 1.6x 3.3x 6.06x 2.9x 2.8x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.16x 1.11x 1.06x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.22x 1.17x 1.12x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 18.7x 17.1x 15.7x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 27.3x 24.5x 22.2x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 81.6x 56.7x 49x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.23% 1.76% 2.04%
Dividend per Share 2 0.7333 0.7467 0.76 0.83 0.94 0.9966 1.048 1.09
Rate of return 1.57% 1.56% 1.38% 0.85% 0.79% 0.91% 0.96% 1%
EPS 2 1.623 1.423 1.913 2.41 2.73 2.9 3.24 3.595
Distribution rate 45.2% 52.5% 39.7% 34.4% 34.4% 34.4% 32.3% 30.3%
Net sales 1 567,762 605,881 642,637 674,538 706,413 752,172 786,933 825,571
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,084 53,790 58,742
EBIT 1 26,050 24,602 27,012 29,504 31,096 33,726 37,591 41,552
Net income 1 13,673 11,680 15,511 19,436 21,893 23,130 25,857 28,562
Net Debt 1 28,071 35,997 37,024 36,753 40,796 48,654 48,934 50,830
Reference price 2 46.60 47.96 55.08 98.16 119.14 109.47 109.47 109.47
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 17/02/22 21/02/23 20/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
28.35x1.2x10.51x0.96% 52.84B
15.78x0.54x7.93x3.27% 39.94B
20.79x0.61x11.59x2.6% 39.74B
11.26x0.33x6.02x2.6% 34.84B
12.33x0.47x6x3.77% 33.69B
45.46x0.89x10.43x2.4% 33.47B
22.79x0.76x6.51x1.35% 27.72B
49.63x0.61x10.27x1.09% 22.64B
24.92x0.63x12.35x-.--% 21.4B
Average 25.70x 0.67x 9.07x 2% 34.03B
Weighted average by Cap. 24.72x 0.70x 9.05x 2.1%

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