Company Valuation: Warner Bros. Discovery, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 19,082 15,332 23,021 27,751 25,930 73,088 - -
Change - -19.65% 50.15% 20.54% -6.56% 181.87% - -
Enterprise Value (EV) 1 32,395 26,186 68,289 67,640 60,123 101,048 97,291 94,182
Change - -19.17% 160.79% -0.95% -11.11% 68.07% -3.72% -3.2%
P/E ratio 16.6x 15.3x -2.48x -8.89x -2.29x 82.2x -127x -195x
PBR 1.44x 1.03x 0.39x 0.61x 0.76x 1.97x 1.99x 2.04x
PEG - -1x 0x 0.1x -0x -1x 1x 5.6x
Capitalization / Revenue 1.79x 1.26x 0.68x 0.67x 0.66x 1.96x 1.97x 1.95x
EV / Revenue 3.04x 2.15x 2.02x 1.64x 1.53x 2.71x 2.63x 2.51x
EV / EBITDA 7.72x 6.86x 8.85x 6.63x 6.66x 11.6x 11.2x 10.7x
EV / EBIT 12.9x 13x -9.27x -43.7x -5.99x 118x 60.6x 53x
EV / FCF 13.9x 10.8x 20.6x 11x 13.6x 30.5x 22.6x 20.5x
FCF Yield 7.21% 9.26% 4.86% 9.11% 7.36% 3.28% 4.42% 4.88%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.81 1.54 -3.82 -1.28 -4.62 0.3586 -0.2325 -0.1512
Distribution rate - - - - - - - -
Net sales 1 10,671 12,191 33,817 41,321 39,321 37,297 37,008 37,542
EBITDA 1 4,196 3,817 7,718 10,200 9,032 8,732 8,710 8,814
EBIT 1 2,515 2,012 -7,370 -1,548 -10,032 857.9 1,605 1,778
Net income 1 1,219 1,006 -7,371 -3,126 -11,311 973.2 -535.2 -309.2
Net Debt 1 13,313 10,854 45,268 39,889 34,193 27,960 24,203 21,094
Reference price 2 30.09 23.54 9.48 11.38 10.57 29.49 29.49 29.49
Nbr of stocks (in thousands) 675,677 658,571 2,428,396 2,438,566 2,453,165 2,478,399 - -
Announcement Date 22/02/21 24/02/22 23/02/23 23/02/24 27/02/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
82.23x2.71x11.57x-.--% 73.09B
17.06x2.02x9.89x0.74% 29.91B
16.68x2.51x8.05x3.52% 6.39B
16.39x1.43x7.97x1.09% 5.92B
4.52x0.79x5.78x19.58% 5.88B
12.28x3.51x39.59x - 5.05B
13.44x1.99x9.45x - 3.18B
25.39x1.97x21.45x - 2.99B
13.24x3.65x7.63x3.56% 2.44B
12.6x0.76x7.54x1.93% 2.07B
Average 21.38x 2.13x 12.89x 4.35% 13.69B
Weighted average by Cap. 51.04x 2.40x 11.70x 1.42%
See all sector valuations

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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