Company Valuation: BILL Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 11,463 12,418 5,585 4,766 3,601 3,916 - -
Change - 8.33% -55.02% -14.66% -24.44% 8.73% - -
Enterprise Value (EV) 1 10,614 11,597 4,731 5,501 4,455 4,390 3,973 3,492
Change - 9.26% -59.2% 16.25% -19.01% -1.47% -9.49% -12.1%
P/E -34.2x -55.4x -195x 201x -329x 23.3x 18.6x 11.7x
PBR 2.85x 3.05x 1.35x 1.22x 0.94x 1.14x 0.97x 0.84x
PEG - 1.6x 2.2x -1x 2x -0x 0.7x 0.2x
Capitalization / Revenue 17.9x 11.7x 4.33x 3.26x 2.18x 2.14x 1.98x 1.79x
EV / Revenue 16.5x 11x 3.67x 3.76x 2.69x 2.4x 2.01x 1.59x
EV / EBITDA -1,929x 87.5x 21.6x 20.6x 11.7x 9.28x 7.1x 5.31x
EV / EBIT -724x 99x 24.1x 23x 13.8x 9.97x 7.78x 5.82x
EV / FCF -315x 64.4x 18.3x 17.6x 12.6x 9.83x 7.55x 5.32x
FCF Yield -0.32% 1.55% 5.45% 5.68% 7.96% 10.2% 13.2% 18.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -3.21 -2.11 -0.27 0.23 -0.11 1.968 2.475 3.918
Distribution rate - - - - - - - -
Net sales 1 642 1,058 1,290 1,463 1,653 1,831 1,981 2,191
EBITDA 1 -5.502 132.6 219.4 267.1 379.6 472.8 559.8 657.4
EBIT 1 -14.66 117.1 196.2 239.5 323.7 440.5 511 599.7
Net income 1 -326.4 -223.7 -28.88 23.8 -11.24 193.6 252.6 402.2
Net Debt 1 -849.2 -820.4 -853.5 734.5 853.5 473.6 57.11 -423.7
Reference price 2 109.94 116.85 52.62 46.26 36.16 45.92 45.92 45.92
Nbr of stocks (in thousands) 104,268 106,270 106,137 103,027 99,597 85,277 - -
Announcement Date 8/18/22 8/17/23 8/22/24 8/27/25 8/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.41x9.39x15.34x0.79% 3,717B
125.55x54.82x88.98x-.--% 461B
449.29x19.2x75.87x-.--% 90.3B
64.32x13.58x28.62x-.--% 85.12B
103.99x8.84x22.4x-.--% 79.16B
34.84x1.69x13.53x-.--% 63.26B
197.16x6.29x24.33x-.--% 49.38B
33.83x7.07x33.94x-.--% 44.64B
111.98x4.42x21.49x-.--% 38.58B
Average 127.37x 13.92x 36.05x 0.09% 514.28B
Weighted average by Cap. 48.48x 13.97x 24.52x 0.64%

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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  5. Valuation BILL Holdings, Inc.