Company Valuation: Amgen Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 126,718 140,139 154,142 140,103 176,250 190,420 - -
Change - 10.59% 9.99% -9.11% 25.8% 8.04% - -
Enterprise Value (EV) 1 151,990 169,779 207,811 188,229 221,725 231,652 225,502 219,974
Change - 11.7% 22.4% -9.42% 17.8% 4.48% -2.65% -2.45%
P/E 21.9x 21.7x 23.1x 34.5x 23x 22.9x 20.9x 19.9x
PBR 18.7x 38.3x 24.7x 23.8x 20.4x 17.1x 13.6x 10.8x
PEG - 1.2x 7.36x -0.9x 0.3x 2.83x 2.11x 4.15x
Capitalization / Revenue 4.88x 5.32x 5.47x 4.19x 4.8x 5.04x 4.91x 4.79x
EV / Revenue 5.85x 6.45x 7.37x 5.63x 6.03x 6.13x 5.82x 5.54x
EV / EBITDA 9.61x 10.5x 11.9x 9.13x 10.4x 10.7x 10.4x 10.5x
EV / EBIT 12.2x 13.3x 15.5x 12.5x 13.7x 14x 13.2x 12.6x
EV / FCF 18.1x 19.3x 28.2x 18.1x 27.4x 17.2x 14.9x 14.4x
FCF Yield 5.51% 5.17% 3.54% 5.52% 3.65% 5.8% 6.7% 6.96%
Dividend per Share 2 7.04 7.76 8.52 9 - 10.09 10.66 11.13
Rate of return 3.13% 2.95% 2.96% 3.45% - 2.86% 3.02% 3.16%
EPS 2 10.28 12.11 12.49 7.56 14.23 15.38 16.91 17.72
Distribution rate 68.5% 64.1% 68.2% 119% - 65.6% 63% 62.8%
Net sales 1 25,979 26,323 28,190 33,424 36,751 37,780 38,749 39,740
EBITDA 1 15,822 16,178 17,470 20,620 21,370 21,638 21,587 21,007
EBIT 1 12,424 12,761 13,399 15,028 16,203 16,507 17,026 17,494
Net income 1 5,893 6,552 6,717 4,090 7,711 8,265 9,041 9,541
Net Debt 1 25,272 29,640 53,669 48,126 45,475 41,232 35,083 29,554
Reference price 2 224.97 262.64 288.02 260.64 327.31 352.82 352.82 352.82
Nbr of stocks (in thousands) 563,266 533,579 535,178 537,533 538,481 539,708 - -
Announcement Date 07/02/22 31/01/23 06/02/24 04/02/25 03/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.94x6.13x10.71x2.86% 190B
32.86x12x24.39x0.61% 1,006B
26.17x6.03x16.39x2.18% 589B
30.87x7.21x14.74x2.85% 430B
17.87x4.45x10.93x2.99% 331B
23.29x4.86x13.76x1.8% 288B
21.56x5.56x13.49x2.84% 285B
13.98x5.17x10.65x3.6% 213B
-44.37x5.36x29.56x2.62% 154B
11.07x2.97x7.23x7.4% 135B
Average 15.62x 5.97x 15.18x 2.97% 362.07B
Weighted average by Cap. 22.79x 7.36x 17.06x 2.25%

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

  1. Stock Market
  2. Stocks
  3. AMGN Stock
  4. Valuation Amgen Inc.