Company Valuation: eBay Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 41,629 22,504 22,639 29,674 39,369 47,192 - -
Change - -45.94% 0.6% 31.08% 32.67% 19.87% - -
Enterprise Value (EV) 1 49,332 29,221 28,377 34,666 43,196 52,015 51,717 51,388
Change - -40.77% -2.89% 22.16% 24.61% 20.42% -0.57% -0.64%
P/E 175x -18.3x 8.4x 15.7x 20.1x 23.9x 20.9x 18.2x
PBR 4.04x 4.34x 3.53x 5.66x 8.47x 10.8x 9.81x 8.55x
PEG - 0x -0x -0.7x 2x 9.82x 1.5x 1.2x
Capitalization / Revenue 4x 2.3x 2.24x 2.89x 3.55x 3.77x 3.54x 3.32x
EV / Revenue 4.73x 2.98x 2.81x 3.37x 3.89x 4.15x 3.87x 3.61x
EV / EBITDA 12.4x 8.64x 8.94x 10.8x 12.4x 13.9x 12.8x 11.4x
EV / EBIT 14.2x 9.94x 10.2x 12x 14x 15.3x 14.2x 12.8x
EV / FCF 22.3x 13.4x 14.4x 17.7x 29.1x 19.2x 17.4x 15.3x
FCF Yield 4.49% 7.45% 6.96% 5.64% 3.44% 5.21% 5.74% 6.54%
Dividend per Share 2 0.72 0.88 1 1.08 1.16 1.231 1.297 1.395
Rate of return 1.08% 2.12% 2.29% 1.74% 1.33% 1.16% 1.22% 1.32%
EPS 2 0.38 -2.27 5.19 3.94 4.34 4.446 5.08 5.839
Distribution rate 189% -38.8% 19.3% 27.4% 26.7% 27.7% 25.5% 23.9%
Net sales 1 10,420 9,795 10,112 10,283 11,100 12,526 13,350 14,225
EBITDA 1 3,981 3,381 3,175 3,216 3,492 3,742 4,042 4,510
EBIT 1 3,479 2,939 2,772 2,892 3,085 3,395 3,630 4,025
Net income 1 252 -1,269 2,767 1,975 2,031 2,010 2,241 2,529
Net Debt 1 7,703 6,717 5,738 4,992 3,827 4,823 4,524 4,196
Reference price 2 66.50 41.47 43.62 61.95 87.10 106.05 106.05 106.05
Nbr of stocks (in thousands) 626,004 542,659 519,000 479,000 452,000 445,000 - -
Announcement Date 23/2/22 22/2/23 27/2/24 26/2/25 18/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.67x8.14x17.39x0.25% 4,190B
23.23x7.35x12.93x0.29% 1,847B
14.88x3.97x9.19x1.37% 494B
28.21x13.23x20.91x0.64% 483B
19.42x5.75x17.28x-.--% 290B
21.02x1.52x10.44x1.01% 267B
92.29x12.12x65.11x-.--% 191B
21.46x2.46x12.51x-.--% 140B
7.99x0.88x3.8x-.--% 111B
Average 27.24x 6.16x 18.84x 0.4% 890.34B
Weighted average by Cap. 20.78x 7.60x 16.69x 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