Company Valuation: DexCom, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 52,042 43,740 47,945 30,377 25,885 27,196 - -
Change - -15.95% 9.61% -36.64% -14.79% 5.06% - -
Enterprise Value (EV) 1 52,692 45,068 49,813 31,073 26,209 26,768 25,916 24,813
Change - -14.47% 10.53% -37.62% -15.65% 2.13% -3.18% -4.25%
P/E 346x 138x 95.5x 54.8x 31.8x 28.8x 24.1x 20.1x
PBR 23.1x 20.5x 23.1x 15.1x 9.3x 9.95x 8.54x 6.51x
PEG - 1x 1.6x 5.94x 0.7x 1.7x 1.2x 1x
Capitalization / Revenue 21.3x 15x 13.2x 7.53x 5.55x 5.21x 4.67x 4.18x
EV / Revenue 21.5x 15.5x 13.8x 7.7x 5.62x 5.12x 4.45x 3.81x
EV / EBITDA 111x 60x 49.1x 28.1x 19.4x 16.3x 13.5x 11.2x
EV / EBIT 142x 92.9x 69.3x 41x 27x 22.1x 18x 14.4x
EV / FCF 989x 148x 97.3x 49.3x 24.3x 26.9x 20.9x 16.4x
FCF Yield 0.1% 0.68% 1.03% 2.03% 4.11% 3.71% 4.8% 6.11%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.3875 0.82 1.3 1.42 2.09 2.448 2.921 3.51
Distribution rate - - - - - - - -
Net sales 1 2,448 2,910 3,622 4,033 4,662 5,224 5,827 6,507
EBITDA 1 472.7 751.6 1,014 1,105 1,349 1,638 1,914 2,209
EBIT 1 370.7 485.1 718.6 757.1 969.3 1,212 1,438 1,726
Net income 1 154.7 341.2 541.5 576.2 836.3 959.5 1,157 1,383
Net Debt 1 650.1 1,328 1,868 695.9 323.2 -428.7 -1,281 -2,383
Reference price 2 134.24 113.24 124.09 77.77 66.37 70.48 70.48 70.48
Nbr of stocks (in thousands) 387,688 386,258 386,374 390,595 390,016 385,873 - -
Announcement Date 10/02/22 09/02/23 08/02/24 13/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
28.57x3.95x15.37x2.57% 175B
18.61x3.27x11.49x3.63% 105B
16.97x0.19x11.99x0.78% 59.35B
31.34x7.61x19.89x1.28% 50.71B
38.12x3.05x10.41x2.52% 42.15B
36.08x1.33x11.7x0.27% 31.82B
41.9x7.46x26.85x0.25% 25.11B
23.19x3.39x12.2x1.25% 20.53B
19.04x2.63x10.25x1.65% 19.42B
Average 28.20x 3.65x 14.46x 1.58% 58.84B
Weighted average by Cap. 26.84x 3.61x 14.27x 2.12%

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