Company Valuation: Alcon Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 43,286 33,596 38,446 41,934 39,316 39,329 - -
Change - -22.39% 14.43% 9.07% -6.24% 0.03% - -
Enterprise Value (EV) 1 46,197 37,296 42,046 44,734 42,526 41,530 40,454 38,965
Change - -19.27% 12.73% 6.39% -4.93% -2.34% -2.59% -3.68%
P/E ratio 116x 100x 39.8x 41.4x 40.4x 34.8x 28.8x 25.3x
PBR 2.25x 1.71x 1.86x 1.94x 1.79x 1.78x 1.71x 1.61x
PEG - -9.5x 0x 9.02x -11.83x 2x 1.4x 1.8x
Capitalization / Revenue 5.22x 3.85x 4.07x 4.23x 3.78x 3.53x 3.32x 3.13x
EV / Revenue 5.57x 4.28x 4.45x 4.51x 4.09x 3.73x 3.42x 3.1x
EV / EBITDA 25.7x 20.8x 18.1x 17.9x 15.9x 14x 12.6x 11.1x
EV / EBIT 32x 23.7x 22.7x 22.1x 20.9x 17.8x 15.6x 13.6x
EV / FCF 71.6x 64.2x 57.6x 27.9x 24.5x 25.5x 21.8x 19.3x
FCF Yield 1.4% 1.56% 1.74% 3.59% 4.08% 3.93% 4.58% 5.19%
Dividend per Share 2 0.2159 0.2239 0.273 0.3138 - 0.3436 0.3956 0.4446
Rate of return 0.24% 0.33% 0.35% 0.37% - 0.43% 0.49% 0.55%
EPS 2 0.76 0.68 1.96 2.05 1.98 2.318 2.798 3.191
Distribution rate 28.4% 32.9% 13.9% 15.3% - 14.8% 14.1% 13.9%
Net sales 1 8,291 8,717 9,455 9,911 10,401 11,135 11,845 12,549
EBITDA 1 1,799 1,795 2,325 2,502 2,677 2,962 3,218 3,504
EBIT 1 1,443 1,571 1,849 2,027 2,039 2,339 2,601 2,863
Net income 1 376 335 974 1,018 980 1,154 1,386 1,673
Net Debt 1 2,911 3,700 3,600 2,800 3,210 2,201 1,125 -364
Reference price 2 88.32 68.33 77.95 84.78 80.04 80.69 80.69 80.69
Nbr of stocks (in thousands) 490,100 491,700 493,200 494,600 491,200 487,428 - -
Announcement Date 2/15/22 2/27/23 2/27/24 2/25/25 2/24/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.81x3.73x14.02x0.43% 39.33B
40.16x3.83x15.5x1.8% 114B
23.83x3.85x12.31x0.01% 14.94B
198.51x9.96x51.24x - 9.83B
44.27x10.84x35.26x - 3.82B
27.18x6.86x15.27x1.29% 2B
39.22x - - - 1.13B
-12.49x - - - 889M
20.16x1.33x8.37x1.62% 834M
12.64x2.29x5.99x3.6% 692M
Average 42.83x 5.34x 19.75x 1.46% 18.77B
Weighted average by Cap. 45.53x 4.30x 17.16x 1.33%

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