Company Valuation: AstraZeneca PLC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 182,034 209,442 209,268 203,171 287,813 255,019 - -
Change - 15.06% -0.08% -2.91% 41.66% -11.39% - -
Enterprise Value (EV) 1 206,417 232,365 231,778 227,741 311,187 274,481 266,807 258,296
Change - 12.57% -0.25% -1.74% 36.64% -11.8% -2.8% -3.19%
P/E 1,469x 64.1x 35.4x 29.1x 28.4x 21.2x 18.5x 16.1x
PBR 4.24x 5.65x 5.39x 5.02x 5.96x 4.73x 4.2x 3.57x
PEG - 0x 0.4x 1.6x 0.6x 1.1x 1.3x 1.1x
Capitalization / Revenue 4.87x 4.72x 4.57x 3.76x 4.9x 4.03x 3.82x 3.58x
EV / Revenue 5.52x 5.24x 5.06x 4.21x 5.3x 4.34x 3.99x 3.62x
EV / EBITDA 27.2x 25.2x 17.1x 13.6x 16x 12.4x 11x 9.64x
EV / EBIT 20.8x 17.4x 15.9x 13.5x 16.8x 13x 11.5x 10.1x
EV / FCF 42.4x 26.7x 25.8x 22.9x 26.5x 29.2x 20.4x 17.5x
FCF Yield 2.36% 3.75% 3.88% 4.36% 3.78% 3.43% 4.89% 5.7%
Dividend per Share 2 2.87 2.9 2.9 3.1 3.2 3.339 3.561 3.662
Rate of return 2.44% 2.15% 2.15% 2.37% 1.72% 2.03% 2.17% 2.23%
EPS 2 0.08 2.11 3.81 4.5 6.54 7.773 8.884 10.22
Distribution rate 3,588% 137% 76.1% 68.9% 48.9% 43% 40.1% 35.8%
Net sales 1 37,417 44,351 45,811 54,073 58,739 63,239 66,839 71,291
EBITDA 1 7,586 9,237 13,580 16,691 19,476 22,149 24,301 26,782
EBIT 1 9,928 13,350 14,534 16,928 18,478 21,073 23,284 25,554
Net income 1 112 3,288 5,961 7,035 10,225 12,012 13,692 15,637
Net Debt 1 24,383 22,923 22,510 24,570 23,374 19,462 11,788 3,277
Reference price 2 117.51 135.16 135.02 131.05 185.60 164.42 164.42 164.42
Nbr of stocks (in thousands) 1,549,159 1,549,528 1,549,926 1,550,317 1,550,726 1,551,024 - -
Announcement Date 10/02/22 09/02/23 08/02/24 06/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.01x11.99x24.31x0.6% 1,034B
30.97x - - 1.93% 671B
33.21x7.7x16x2.64% 460B
19.86x4.73x11.71x2.8% 353B
23.09x5.93x14.7x2.69% 309B
21.15x4.34x12.39x2.03% 255B
28.09x7.23x12.82x2.27% 240B
13.44x4.86x10.14x3.75% 207B
-46.21x6.66x25.99x2.18% 188B
Average 17.40x 6.68x 16.01x 2.32% 412.97B
Weighted average by Cap. 24.37x 8.05x 17.85x 1.94%

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