Company Valuation: Walmart Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 387,816 387,989 444,892 788,557 949,566 909,131 - -
Change - 0.04% 14.67% 77.25% 20.42% -4.26% - -
Enterprise Value (EV) 1 415,887 423,986 481,916 825,310 990,362 957,785 958,065 959,961
Change - 1.95% 13.66% 71.26% 20% -3.29% 0.03% 0.2%
P/E 28.7x 33.7x 28.8x 40.7x 43.6x 39.4x 35.3x 31.8x
PBR 4.69x 5.11x 5.31x 8.67x 9.59x 8.45x 7.65x 7.18x
PEG - -2.7x 0.8x 1.6x 3.3x 6.33x 3x 2.9x
Capitalization / Revenue 0.68x 0.64x 0.69x 1.17x 1.34x 1.21x 1.16x 1.1x
EV / Revenue 0.73x 0.7x 0.75x 1.22x 1.4x 1.27x 1.22x 1.16x
EV / EBITDA 11.3x 11.9x 12.4x 19.4x 21.9x 19.5x 17.8x 16.3x
EV / EBIT 16x 17.2x 17.8x 28x 31.8x 28.4x 25.5x 23.1x
EV / FCF 37.6x 35.4x 31.9x 65.2x 66.4x 84.9x 59.1x 51x
FCF Yield 2.66% 2.83% 3.14% 1.53% 1.51% 1.18% 1.69% 1.96%
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% 0.87% 0.92% 0.95%
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 1 567,762 605,881 642,637 674,538 706,413 752,233 787,002 825,606
EBITDA 1 36,708 35,547 38,865 42,477 45,185 49,090 53,796 58,752
EBIT 1 26,050 24,602 27,012 29,504 31,096 33,731 37,597 41,560
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 98.16 119.14 114.24 114.24 114.24
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
39.64x1.28x19.63x0.87% 915B
28.69x1.21x10.55x0.95% 53.64B
15.75x0.54x7.91x3.28% 40.19B
20.53x0.61x11.66x2.62% 39.33B
13.17x0.5x6.27x3.53% 36.16B
11.6x0.33x6.14x2.52% 35.91B
45.25x0.89x10.41x2.41% 33.42B
22.61x0.75x6.47x1.36% 27.59B
50.81x0.62x10.39x1.06% 23.36B
25.17x0.64x12.55x-.--% 21.83B
Average 27.32x 0.74x 10.20x 1.86% 122.62B
Weighted average by Cap. 35.89x 1.13x 16.95x 1.17%

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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