Company Valuation: Philips NV

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 38,828 27,462 12,091 18,834 22,791 24,876 24,876 -
Change - -29.27% -55.97% 55.77% 21.01% 9.15% 0% -
Enterprise Value (EV) 1 42,536 32,138 18,178 24,651 28,027 30,066 29,491 28,740
Change - -24.45% -43.44% 35.61% 13.69% 7.28% -1.91% -2.54%
P/E ratio 33.9x 8.98x -7.69x -41.3x -32.8x 25x 24.5x 19.4x
PBR 3.34x 1.97x 0.93x 1.61x 1.91x 1.99x 2.07x 1.98x
PEG - 0x 0x 0.6x -0.6x -0x 0.7x 0.7x
Capitalization / Revenue 1.99x 1.6x 0.68x 1.04x 1.26x 1.24x 1.38x 1.32x
EV / Revenue 2.18x 1.87x 1.02x 1.36x 1.56x 1.69x 1.64x 1.53x
EV / EBITDA 11.5x 10.8x 7.89x 8.66x 9.4x 10.2x 9.58x 8.6x
EV / EBIT 16.6x 15.6x 13.8x 12.8x 13.5x 14.4x 13.2x 11.6x
EV / FCF 23x 35.7x -18.9x 15.6x 30.9x 114x 20.2x 18.6x
FCF Yield 4.35% 2.8% -5.29% 6.42% 3.23% 0.88% 4.94% 5.36%
Dividend per Share 2 0.7868 0.7868 0.7868 0.8219 0.8428 0.8368 0.8502 0.8767
Rate of return 1.94% 2.59% 6.07% 4.03% 3.45% 3.2% 3.25% 3.35%
EPS 2 1.194 3.379 -1.685 -0.4932 -0.7437 0.93 1.066 1.348
Distribution rate 65.9% 23.3% -46.7% -167% -113% 105% 79.8% 65%
Net sales 1 19,535 17,156 17,827 18,169 18,021 17,834 17,975 18,809
EBITDA 1 3,709 2,985 2,305 2,845 2,982 3,046 3,078 3,340
EBIT 1 2,570 2,054 1,318 1,921 2,077 2,195 2,239 2,481
Net income 1 1,187 3,319 -1,608 -466 -702 895 1,034 1,304
Net Debt 1 3,708 4,676 6,087 5,817 5,236 5,190 4,615 3,864
Reference price 2 40.52 30.33 12.96 20.39 24.40 26.15 26.15 26.15
Nbr of stocks (in thousands) 958,166 905,498 932,751 923,773 934,049 951,289 951,289 -
Announcement Date 25/01/21 24/01/22 30/01/23 29/01/24 19/02/25 10/02/26 - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
33.5x1.72x10.34x3.14% 30.08B
28.55x4.96x19.65x0.33% 192B
54.17x14x32.67x-.--% 170B
41.23x6.74x21.86x0.58% 152B
36.36x5.92x19.29x-.--% 110B
19.87x2.36x11.6x2.62% 53.44B
33.77x6.78x22.41x-.--% 44.36B
16.52x1.85x10.02x0.21% 35.84B
23.21x6.15x15.8x0.99% 35.8B
23.42x4.92x17.13x0.82% 35.32B
Average 31.06x 5.54x 18.08x 0.87% 85.82B
Weighted average by Cap. 35.83x 6.93x 21.22x 0.53%

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