/avgo·AVGO·Multiples
AVGO (AVGO) — Multiples
Valuation Multiples
Multiples valuation for AVGO: projection, multiple, and EV-to-price adjustments.
Projections
Global assumptions
Growth rate
%
Operating margin
%
Marginal tax rate
%
Projection years
5
Base
Projected
Account
2026
2027
2028
2029
2030
2031
Drivers
Growth rate
5%
5%
5%
5%
5%
5%
Operating margin
44.6%
44.6%
44.6%
44.6%
44.6%
44.6%
Marginal tax rate
21%
21%
21%
21%
21%
21%
Operating performance
Sales?
294B
309B
324B
340B
357B
375B
Operating profit?
131B
138B
145B
152B
159B
167B
EBITDA?
171B
153B
161B
169B
177B
186B
D&A
39.8B
15.4B
16.2B
17.0B
17.9B
18.8B
Interest expense
2.94B
3.09B
3.24B
3.40B
3.57B
3.75B
Taxes
-22.8B
28.9B
30.3B
31.8B
33.4B
35.1B
Minority interest
0.00
0.00
0.00
0.00
0.00
0.00
Diluted shares?
7.47B
7.47B
7.47B
7.47B
7.47B
7.47B
EPS diluted?
20.9
14.1
14.8
15.6
16.4
17.2
Cash generation
Working capital?
0.00
30.9B
32.4B
34.0B
35.7B
37.5B
CAPEX?
-69.0B
12.3B
13.0B
13.6B
14.3B
15.0B
FCF?
268B
112B
117B
123B
129B
136B
Balance support
Cash
28.9B
61.7B
64.8B
68.0B
71.4B
75.0B
Total financial debt
43.2B
76.1B
79.1B
82.4B
85.8B
89.4B
Leases
0.00
6.17B
6.48B
6.80B
7.14B
7.50B
Equity?
363B
154B
162B
170B
179B
187B
Net debt?
14.4B
14.4B
14.4B
14.4B
14.4B
14.4B
Inputs
Active multiple
5.0x10.0x40.0x
Output
∑
Run calculation to see price target