Valuation The Goldman Sachs Group, Inc.

Equities

Market Closed - Nyse Other stock markets 21:00:02 14/01/2025 GMT			5-day change	1st Jan Change
571.53 ^USD	+1.52%		-1.48%	-0.19%

01-14	Fleeting respite from yields, dollar; Indonesia sets rates	RE
01-14	Wall Street bankers say merger outlook has already jumped in 2025	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	84,480	94,610	127,610	121,752	132,489	188,157	188,157	-
Change	-	11.99%	34.88%	-4.59%	8.82%	42.02%	0%	-
Enterprise Value (EV) ¹	358,480	378,610	397,610	342,752	532,489	530,463	544,453	556,336
Change	-	5.62%	5.02%	-13.8%	55.36%	-0.38%	2.64%	2.18%
P/E ratio	10.9x	10.7x	6.43x	11.4x	16.9x	15.5x	13.2x	11.6x
PBR	1.05x	1.12x	1.35x	1.13x	1.23x	1.7x	1.6x	1.5x
PEG	-	0.6x	0x	-0.2x	-0.7x	0.3x	0.7x	0.8x
Capitalization / Revenue	2.31x	2.12x	2.15x	2.57x	2.85x	3.62x	3.36x	3.18x
EV / Revenue	9.81x	8.5x	6.7x	7.24x	11.4x	10.2x	9.71x	9.42x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	30.8x	24.3x	14.5x	21.2x	44.2x	29.1x	27.4x	26.2x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	4.15	5	6.5	9	10.5	11.49	12.31	13.21
Rate of return	1.8%	1.9%	1.7%	2.62%	2.72%	2.01%	2.15%	2.31%
EPS ²	21.03	24.74	59.45	30.06	22.87	36.93	43.45	49.47
Distribution rate	19.7%	20.2%	10.9%	29.9%	45.9%	31.1%	28.3%	26.7%
Net sales ¹	36,546	44,560	59,339	47,365	46,524	52,011	56,063	59,084
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	11,648	15,577	27,401	16,201	12,037	18,229	19,866	21,223
Net income ¹	7,897	8,915	21,151	10,764	7,907	12,350	14,130	15,412
Net Debt ¹	274,000	284,000	270,000	221,000	400,000	342,305	356,296	368,179
Reference price ²	229.93	263.71	382.55	343.38	385.77	571.53	571.53	571.53
Nbr of stocks (in thousands)	367,416	358,767	333,578	354,568	343,439	329,217	329,217	-
Announcement Date	15/01/20	19/01/21	18/01/22	17/01/23	16/01/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio (Y)	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
THE GOLDMAN SACHS GROUP, INC.	15.24x	10.14x	-	+2.04%	185B
MORGAN STANLEY	16.78x	6.81x	-	+2.87%	200B
CITIGROUP INC.	12.45x	-	-	+2.99%	138B
CHARLES SCHWAB	24.76x	7.87x	14.62x	+1.38%	133B
CITIC SECURITIES COMPANY LIMITED	18.27x	2.72x	5.51x	+2.13%	50.65B
RAYMOND JAMES FINANCIAL, INC.	15.06x	-	-	+1.26%	31.47B
LPL FINANCIAL HOLDINGS INC.	23.34x	2.22x	12.59x	+0.37%	24.49B
CSC FINANCIAL CO., LTD.	10x	-	-	+3.37%	22.45B
CHINA MERCHANTS SECURITIES CO., LTD.	16.16x	16.17x	-	+1.67%	19.73B
HUATAI SECURITIES CO., LTD.	9.49x	6.98x	18.3x	+3.44%	18.74B
Average	16.16x	7.56x	12.75x	+2.15%	82.33B
Weighted average by Cap.	16.86x	7.80x	12.67x	+2.28%