Company Valuation: Exelixis, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,784 5,174 7,460 9,510 11,799 14,230 - -
Change - -10.54% 44.19% 27.47% 24.07% 20.6% - -
Enterprise Value (EV) 1 4,317 3,865 6,465 8,399 10,740 13,486 12,607 11,483
Change - -10.45% 67.25% 29.91% 27.88% 25.56% -6.51% -8.92%
P/E 25.4x 28.6x 36.9x 18.9x 15.8x 17.7x 14.7x 11.2x
PBR 2.64x 2.09x 3.21x 4.18x 5.32x 5.47x 4.01x 2.98x
PEG - -1.3x 2.3x 0x 0.3x 1.1x 0.7x 0.4x
Capitalization / Revenue 4.03x 3.21x 4.08x 4.39x 5.09x 5.57x 4.91x 4.37x
EV / Revenue 3.01x 2.4x 3.53x 3.87x 4.63x 5.28x 4.35x 3.53x
EV / EBITDA 14.4x 17.4x 32.9x 13.3x 11.9x 12.3x 10x 7.2x
EV / EBIT 15.1x 19.2x 37.8x 13.9x 12.3x 13.1x 9.87x 7.3x
EV / FCF 12.8x 17.2x 22.1x 12.5x 12.3x 16.3x 15.5x 8.25x
FCF Yield 7.8% 5.8% 4.53% 8% 8.15% 6.13% 6.44% 12.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.72 0.56 0.65 1.76 2.78 3.238 3.914 5.119
Distribution rate - - - - - - - -
Net sales 1 1,435 1,611 1,830 2,169 2,320 2,553 2,901 3,253
EBITDA 1 300.3 222.4 196.6 633.4 901.2 1,093 1,261 1,595
EBIT 1 286.7 201.5 170.9 604.6 872.2 1,032 1,278 1,572
Net income 1 231.1 182.3 207.8 521.3 782.6 820.7 1,012 1,248
Net Debt 1 -1,467 -1,308 -995.3 -1,111 -1,059 -744.5 -1,623 -2,747
Reference price 2 18.28 16.04 23.99 33.30 43.83 57.43 57.43 57.43
Nbr of stocks (in thousands) 316,397 322,561 310,974 285,579 269,203 247,782 - -
Announcement Date 17/02/22 07/02/23 06/02/24 11/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.74x5.28x12.34x-.--% 14.23B
20.07x7.08x14.22x1.48% 68.24B
32.07x9.28x44.74x0.04% 62.23B
-77.91x15.04x-72.53x-.--% 27.8B
28.78x6.1x15.83x-.--% 24.86B
-14.55x5.23x-6.58x-.--% 24.22B
26.34x4.96x16.5x-.--% 19.36B
49.79x18.37x37.27x0.3% 17.28B
1249.7x36.02x786.01x-.--% 14.46B
-14.53x3270.16x-16.72x-.--% 13.56B
Average 131.75x 337.75x 83.11x 0.18% 28.62B
Weighted average by Cap. 73.58x 164.61x 49.79x 0.38%

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

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  4. Valuation Exelixis, Inc.
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