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 47,001 - -
Change - -45.94% 0.6% 31.08% 32.67% 19.38% - -
Enterprise Value (EV) 1 49,332 29,221 28,377 34,666 43,196 51,836 51,544 51,228
Change - -40.77% -2.89% 22.16% 24.61% 20% -0.56% -0.61%
P/E 175x -18.3x 8.4x 15.7x 20.1x 23.8x 20.8x 18.1x
PBR 4.04x 4.34x 3.53x 5.66x 8.47x 10.7x 9.77x 8.51x
PEG - 0x -0x -0.7x 2x 10.88x 1.4x 1.2x
Capitalization / Revenue 4x 2.3x 2.24x 2.89x 3.55x 3.76x 3.52x 3.31x
EV / Revenue 4.73x 2.98x 2.81x 3.37x 3.89x 4.14x 3.86x 3.61x
EV / EBITDA 12.4x 8.64x 8.94x 10.8x 12.4x 13.7x 12.7x 11.4x
EV / EBIT 14.2x 9.94x 10.2x 12x 14x 15.2x 14.2x 12.7x
EV / FCF 22.3x 13.4x 14.4x 17.7x 29.1x 19.1x 17.3x 15.2x
FCF Yield 4.49% 7.45% 6.96% 5.64% 3.44% 5.23% 5.79% 6.56%
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% 1.17% 1.23% 1.32%
EPS 2 0.38 -2.27 5.19 3.94 4.34 4.435 5.083 5.848
Distribution rate 189% -38.8% 19.3% 27.4% 26.7% 27.8% 25.5% 23.9%
Net sales 1 10,420 9,795 10,112 10,283 11,100 12,512 13,342 14,189
EBITDA 1 3,981 3,381 3,175 3,216 3,492 3,774 4,060 4,507
EBIT 1 3,479 2,939 2,772 2,892 3,085 3,409 3,641 4,032
Net income 1 252 -1,269 2,767 1,975 2,031 2,007 2,243 2,532
Net Debt 1 7,703 6,717 5,738 4,992 3,827 4,835 4,543 4,227
Reference price 2 66.50 41.47 43.62 61.95 87.10 105.62 105.62 105.62
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.($)
22.95x1.67x11.53x0.93% 295B
95.36x12.52x67.17x-.--% 197B
8.78x1.03x4.45x-.--% 122B
51.36x2.12x21.87x-.--% 99.68B
-40.53x0.75x40.64x-.--% 61.01B
23.82x4.14x13.74x1.17% 47B
20.87x5.62x13.63x - 30.54B
30.76x3.56x11.93x1.5% 15.94B
5.1x0.26x3.13x4.3% 7.47B
Average 24.27x 3.52x 20.90x 0.99% 97.24B
Weighted average by Cap. 36.03x 4.30x 26.39x 0.46%

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