Company Valuation: Microsoft Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,920,840 2,532,081 3,321,869 3,697,022 2,770,955 3,940,413 - -
Change - 31.82% 31.19% 11.29% -25.05% 42.2% - -
Enterprise Value (EV) 1 1,865,864 2,468,056 3,291,263 3,645,608 2,734,406 3,926,289 3,891,170 3,970,472
Change - 32.27% 33.35% 10.77% -24.99% 43.59% -0.89% 2.04%
P/E 26.6x 35.2x 37.9x 36.5x 20.8x 26.6x 22.1x 17.9x
PBR 11.5x 12.3x 12.4x 10.8x 6.26x 6.87x 5.33x 4.18x
PEG - 113.23x 1.7x 2.3x 0.7x 2.4x 1.1x 0.8x
Capitalization / Revenue 9.69x 11.9x 13.6x 13.1x 8.35x 9.95x 8.27x 6.74x
EV / Revenue 9.41x 11.6x 13.4x 12.9x 8.24x 9.92x 8.17x 6.8x
EV / EBITDA 19.1x 23.8x 25x 22.4x 13.8x 16.1x 13x 10.5x
EV / EBIT 22.4x 27.5x 30.1x 28.4x 17.6x 21.1x 17.5x 14.5x
EV / FCF 28.6x 41.5x 44.4x 50.9x 40.8x 115x 74.5x 39.6x
FCF Yield 3.49% 2.41% 2.25% 1.96% 2.45% 0.87% 1.34% 2.53%
Dividend per Share 2 2.48 2.72 3 3.32 3.64 3.943 4.242 4.437
Rate of return 0.97% 0.8% 0.67% 0.67% 0.98% 0.74% 0.8% 0.84%
EPS 2 9.65 9.68 11.8 13.64 17.95 19.93 24.03 29.64
Distribution rate 25.7% 28.1% 25.4% 24.3% 20.3% 19.8% 17.7% 15%
Net sales 1 198,270 211,915 245,122 281,724 331,839 395,904 476,390 584,216
EBITDA 1 97,843 103,555 131,720 162,681 198,685 244,408 298,966 377,425
EBIT 1 83,383 89,694 109,433 128,528 155,237 185,807 222,963 273,413
Net income 1 72,738 72,361 88,136 101,832 133,749 148,708 178,826 217,239
Net Debt 1 -54,976 -64,025 -30,606 -51,414 -36,549 -14,124 -49,243 30,059
Reference price 2 256.83 340.54 446.95 497.41 373.02 530.61 530.61 530.61
Nbr of stocks (in thousands) 7,479,033 7,435,488 7,432,306 7,432,544 7,428,435 7,426,195 - -
Announcement Date 7/26/22 7/25/23 7/30/24 7/30/25 7/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.62x9.92x16.06x0.74% 3,940B
95.56x43.75x70.51x-.--% 386B
17.4x5.28x9.17x1.77% 362B
29.16x5.96x18.52x1.28% 271B
199.12x17.65x51.68x-.--% 256B
1864.04x36.18x118.37x-.--% 223B
24.18x15.46x18.42x-.--% 130B
71.34x6.52x17.07x-.--% 106B
13.12x3.49x7.29x-.--% 93.14B
Average 260.06x 16.02x 36.34x 0.42% 640.83B
Weighted average by Cap. 109.90x 13.02x 24.86x 0.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Microsoft Corporation

Historical PBR trend

Valuation ratios - PBR - Microsoft Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Microsoft Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Microsoft Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Microsoft Corporation
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