Valuation Baidu, Inc.

Equities

Market Closed - Nasdaq Other stock markets 16:00:00 2026-03-09 EDT			5-day change	1st Jan Change
122.48 ^USD	+2.88%		-1.58%	-6.26%

03-06	Nomura Adjusts Baidu Price Target to $186 From $196, Maintains Buy Rating	MT
03-04	WeRide, Apollo Go, Pony AI Reportedly Adjust Middle East Operations Amid US-Iran Conflict	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	481,512	328,986	272,598	295,199	215,753	282,659	282,659	-
Change	-	-31.68%	-17.14%	8.29%	-26.91%	31.01%	0%	-
Enterprise Value (EV) ¹	394,100	231,969	182,338	177,745	147,664	208,766	241,355	229,441
Change	-	-41.14%	-21.4%	-2.52%	-16.92%	41.38%	15.61%	-4.94%
P/E ratio	21.7x	33.7x	39.7x	15.3x	9.34x	77.6x	17.5x	15.3x
PBR	2.66x	1.54x	1.23x	1.22x	0.81x	1.02x	0.98x	0.91x
PEG	-	-0.6x	-1.4x	0x	0.5x	-0.9x	0x	1x
Capitalization / Revenue	4.5x	2.64x	2.2x	2.19x	1.62x	2.43x	2.11x	1.98x
EV / Revenue	3.68x	1.86x	1.47x	1.32x	1.11x	1.62x	1.8x	1.6x
EV / EBITDA	14.3x	9.31x	6.15x	4.96x	4.46x	9.26x	9.95x	7.84x
EV / EBIT	18.1x	22.1x	11.5x	8.13x	6.94x	150x	19.6x	14.9x
EV / FCF	20.6x	25.1x	10.2x	6.99x	11.3x	19.4x	18.9x	9.35x
FCF Yield	4.85%	3.98%	9.81%	14.3%	8.87%	5.14%	5.3%	10.7%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	64.98	28.07	19.85	55.08	65.91	11.78	48.23	55.37
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	107,074	124,493	123,675	134,598	133,125	129,079	134,097	142,961
EBITDA ¹	27,503	24,914	29,663	35,823	33,078	22,857	24,257	29,266
EBIT ¹	21,732	10,518	15,911	21,856	21,270	-5,823	12,304	15,371
Net income ¹	22,472	10,226	7,559	20,315	23,760	5,589	16,416	18,893
Net Debt ¹	-87,412	-97,017	-90,260	-117,454	-68,089	-73,893	-41,304	-53,218
Reference price ²	1,411.74	945.20	788.90	844.46	615.39	845.92	845.92	845.92
Nbr of stocks (in thousands)	341,076	348,059	345,542	349,573	350,597	343,771	343,771	-
Announcement Date	2/17/21	3/1/22	2/22/23	2/28/24	2/18/25	2/26/26	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BAIDU, INC.	45.76x	1.61x	9.24x	-.--%	40.93B
ALPHABET INC.	25.92x	7.55x	16.28x	0.29%	3,610B
NAVER CORPORATION	16.52x	2.33x	9.99x	0.59%	22.4B
LY CORPORATION	15.96x	2.48x	10.09x	1.84%	17.11B
LASTMINUTE.COM N.V.	13.11x	0.43x	2.94x	3.22%	178M
Average	23.45x	2.88x	9.71x	1.19%	738.12B
Weighted average by Cap.	26.03x	7.42x	16.13x	0.3%