Company Valuation: Robinhood Markets, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 15,268 7,218 11,017 32,937 101,698 78,192 - -
Change - -52.72% 52.63% 198.96% 208.77% -23.11% - -
Enterprise Value (EV) 1 10,642 820.2 21,798 34,140 97,437 80,521 80,900 77,771
Change - -92.29% 2,557.59% 56.62% 185.41% -17.36% 0.47% -3.87%
P/E ratio -2.37x -6.96x -20.9x 23.9x 55.2x 41.8x 33.3x 30.4x
PBR 2.1x 1.04x 1.66x 4.13x 11.4x 7.67x 6.5x 5.21x
PEG - 0.1x 0.4x -0x 1.8x 30.02x 1.3x 3.21x
Capitalization / Revenue 8.41x 5.32x 5.91x 11.2x 22.7x 15x 12.7x 11.4x
EV / Revenue 5.86x 0.6x 11.7x 11.6x 21.8x 15.5x 13.2x 11.3x
EV / EBITDA 312x -8.73x 40.7x 23.9x 38.6x 28.3x 22.5x 19.4x
EV / EBIT -6.48x -0.81x -40.7x 32.4x 46.5x 32.8x 25.6x 22.2x
EV / FCF -11.2x -0.93x - - 60x 43.5x 26.4x 20.4x
FCF Yield -8.91% -107% - - 1.67% 2.3% 3.79% 4.9%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -7.49 -1.17 -0.61 1.56 2.05 2.079 2.611 2.859
Distribution rate - - - - - - - -
Net sales 1 1,815 1,358 1,865 2,951 4,473 5,207 6,150 6,885
EBITDA 1 34.1 -94 536 1,429 2,522 2,844 3,602 4,003
EBIT 1 -1,641 -1,011 -536 1,054 2,094 2,453 3,161 3,507
Net income 1 -3,686 -1,028 -541 1,411 1,883 1,954 2,424 2,776
Net Debt 1 -4,627 -6,398 10,781 1,203 -4,261 2,329 2,709 -421
Reference price 2 17.76 8.14 12.74 37.26 113.10 86.85 86.85 86.85
Nbr of stocks (in thousands) 859,706 886,761 864,782 883,976 899,189 900,308 - -
Announcement Date 27/1/22 8/2/23 13/2/24 12/2/25 10/2/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
41.78x15.46x28.31x-.--% 78.19B
24.57x4.99x11.87x1.22% 107B
28.87x4.68x15.79x-.--% 44.44B
24.97x7.58x14.23x-.--% 35.59B
44.52x23.29x39.21x1.85% 26.45B
111.51x7.57x37.42x-.--% 26.06B
13.93x3.01x7.11x3.74% 25.01B
13.98x2.19x3.45x-.--% 23.14B
55.81x5.04x18.11x-.--% 20.08B
7.3x - - 8.88% 15.45B
Average 36.73x 8.20x 19.50x 1.57% 40.15B
Weighted average by Cap. 35.02x 8.45x 18.98x 1.02%

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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