Company Valuation: Salesforce, Inc.

Data adjusted to current consolidation scope
Fiscal Period: January 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 229,141 166,458 272,095 327,007 198,916 158,329 - -
Change - -27.36% 63.46% 20.18% -39.17% -20.4% - -
Enterprise Value (EV) 1 229,196 163,369 267,327 321,408 203,790 184,219 173,063 168,282
Change - -28.72% 63.63% 20.23% -36.59% -9.6% -6.06% -2.76%
P/E 157x 800x 66.9x 53.7x 27.2x 23.6x 20.2x 16.6x
PBR 3.82x 2.86x 4.64x 5.36x 3.41x 4.74x 3.68x 3.47x
PEG - -9.3x 0x 1x 1.2x 4.84x 1.2x 0.8x
Capitalization / Revenue 8.65x 5.31x 7.81x 8.63x 4.79x 3.43x 3.13x 2.86x
EV / Revenue 8.65x 5.21x 7.67x 8.48x 4.91x 4x 3.43x 3.04x
EV / EBITDA 27.8x 18.3x 21x 22.4x 12.7x 10.3x 8.95x 8.16x
EV / EBIT 46.3x 23.1x 25.1x 25.7x 14.4x 11.6x 9.78x 8.55x
EV / FCF 43.4x 25.9x 28.1x 25.8x 14.2x 12.4x 10.6x 9.46x
FCF Yield 2.31% 3.86% 3.55% 3.87% 7.07% 8.09% 9.44% 10.6%
Dividend per Share 2 - - - 1.6 1.664 1.705 1.769 1.925
Rate of return - - - 0.47% 0.78% 0.88% 0.91% 1%
EPS 2 1.48 0.21 4.2 6.36 7.8 8.18 9.561 11.66
Distribution rate - - - 25.2% 21.3% 20.8% 18.5% 16.5%
Net sales 1 26,492 31,352 34,857 37,895 41,525 46,105 50,510 55,271
EBITDA 1 8,249 8,903 12,722 14,324 16,100 17,912 19,336 20,632
EBIT 1 4,951 7,068 10,632 12,498 14,156 15,837 17,692 19,686
Net income 1 1,444 208 4,136 6,197 7,457 7,116 8,231 9,803
Net Debt 1 55 -3,089 -4,768 -5,599 4,874 25,890 14,734 9,953
Reference price 2 232.63 167.97 281.09 341.70 212.29 193.32 193.32 193.32
Nbr of stocks (in thousands) 985,000 991,000 968,000 957,000 937,000 819,000 - -
Announcement Date 01/03/22 01/03/23 28/02/24 26/02/25 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.63x4x10.28x0.88% 158B
-599.32x38.17x156.8x-.--% 111B
-20.77x8.07x13.72x-.--% 59.42B
60.77x5.86x23.29x-.--% 17.48B
59.49x5.64x18.36x-.--% 14.32B
260.95x14.08x36.08x-.--% 15.68B
-55.01x174.79x-59.85x - 7.72B
32.61x7.85x17.23x-.--% 6.47B
17x3.5x9.29x-.--% 5.04B
Average -24.52x 29.11x 25.02x 0.11% 43.93B
Weighted average by Cap. -146.90x 18.13x 52.52x 0.36%

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