Company Valuation: Texas Instruments Incorporated

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 174,057 149,949 154,812 171,050 157,637 256,655 - -
Change - -13.85% 3.24% 10.49% -7.84% 62.81% - -
Enterprise Value (EV) 1 172,059 149,617 157,460 177,066 166,804 264,412 264,311 261,058
Change - -13.04% 5.24% 12.45% -5.8% 58.52% -0.04% -1.23%
P/E Ratio 22.8x 17.6x 24.1x 36.1x 31.8x 36.7x 31.5x 27.9x
PBR 13.1x 17.7x 9.17x 10.1x 9.67x 14.2x 13.4x 12.6x
PEG - 1.3x -1x -1.4x 6.61x 0.9x 1.9x 2.1x
Capitalization / Revenue 9.49x 7.49x 8.84x 10.9x 8.92x 12.2x 11x 10.1x
EV / Revenue 9.38x 7.47x 8.99x 11.3x 9.43x 12.6x 11.4x 10.3x
EV / EBITDA 17.5x 13.5x 18.5x 25.4x 20.8x 24.2x 21.2x 19.3x
EV / EBIT 19.2x 14.8x 21.5x 32.4x 27.7x 31.2x 27.1x 23.3x
EV / FCF 27.3x 25.3x 117x 118x 64.1x 36.3x 31.3x 27.9x
FCF Yield 3.66% 3.96% 0.86% 0.85% 1.56% 2.75% 3.2% 3.59%
Dividend per Share 2 4.21 4.69 5.02 5.26 5.5 5.751 6.003 6.303
Rate of return 2.23% 2.84% 2.94% 2.81% 3.17% 2.04% 2.13% 2.23%
EPS 2 8.26 9.41 7.07 5.2 5.45 7.685 8.944 10.11
Distribution rate 51% 49.8% 71% 101% 101% 74.8% 67.1% 62.4%
Net sales 1 18,344 20,028 17,519 15,641 17,682 21,002 23,248 25,410
EBITDA 1 9,857 11,065 8,506 6,973 8,022 10,925 12,444 13,540
EBIT 1 8,960 10,140 7,331 5,465 6,023 8,483 9,737 11,208
Net income 1 7,769 8,749 6,510 4,799 5,001 7,038 8,120 9,202
Net Debt 1 -1,998 -332 2,648 6,016 9,167 7,757 7,655 4,403
Reference price 2 188.47 165.22 170.46 187.51 173.49 282.01 282.01 282.01
Nbr of stocks (in thousands) 923,526 907,572 908,204 912,217 908,623 910,093 - -
Announcement Date 25/01/22 24/01/23 23/01/24 23/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E Ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
36.69x12.59x24.2x2.04% 257B
21.4x11.99x17.87x0.38% 4,854B
41.24x16.93x24.91x0.7% 1,770B
15.08x8.73x10.55x0.06% 1,006B
6.8x3.84x4.71x0.25% 955B
83.31x14.65x55.47x-.--% 738B
-306.43x9.34x27.8x-.--% 538B
252.22x54.25x115.01x-.--% 328B
74.12x17.37x35.3x-.--% 240B
136.68x19.2x50.86x0.1% 221B
Average 36.11x 16.89x 36.67x 0.35% 1,091B
Weighted average by Cap. 21.58x 13.38x 24.35x 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

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  4. Valuation Texas Instruments Incorporated
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