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 47,757 - -
Change - -45.94% 0.6% 31.08% 32.67% 21.31% - -
Enterprise Value (EV) 1 49,332 29,221 28,377 34,666 43,196 52,392 52,170 51,859
Change - -40.77% -2.89% 22.16% 24.61% 21.29% -0.42% -0.6%
P/E 175x -18.3x 8.4x 15.7x 20.1x 24.2x 21.1x 18.4x
PBR 4.04x 4.34x 3.53x 5.66x 8.47x 10.9x 9.93x 8.65x
PEG - 0x -0x -0.7x 2x 10.46x 1.5x 1.2x
Capitalization / Revenue 4x 2.3x 2.24x 2.89x 3.55x 3.81x 3.57x 3.36x
EV / Revenue 4.73x 2.98x 2.81x 3.37x 3.89x 4.18x 3.9x 3.65x
EV / EBITDA 12.4x 8.64x 8.94x 10.8x 12.4x 13.9x 12.8x 11.5x
EV / EBIT 14.2x 9.94x 10.2x 12x 14x 15.4x 14.3x 12.9x
EV / FCF 22.3x 13.4x 14.4x 17.7x 29.1x 19.3x 17.6x 15.4x
FCF Yield 4.49% 7.45% 6.96% 5.64% 3.44% 5.18% 5.69% 6.48%
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% 1.15% 1.21% 1.3%
EPS 2 0.38 -2.27 5.19 3.94 4.34 4.44 5.079 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 12,523 13,363 14,225
EBITDA 1 3,981 3,381 3,175 3,216 3,492 3,759 4,061 4,510
EBIT 1 3,479 2,939 2,772 2,892 3,085 3,396 3,638 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 4,635 4,412 4,102
Reference price 2 66.50 41.47 43.62 61.95 87.10 107.32 107.32 107.32
Nbr of stocks (in thousands) 626,004 542,659 519,000 479,000 452,000 445,000 - -
Announcement Date 2/23/22 2/22/23 2/27/24 2/26/25 2/18/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.28x1.54x10.58x1% 270B
89.62x11.76x63.16x-.--% 185B
8.05x0.89x3.86x-.--% 112B
45.19x1.81x18.72x-.--% 86.81B
-89.25x0.65x25.19x-.--% 56.57B
24.17x4.18x13.94x1.15% 47.76B
17.21x4.47x10.83x - 25.2B
28.87x3.37x11.29x1.6% 14.96B
4.22x0.22x2.5x4.51% 6.9B
Average 16.60x 3.21x 17.79x 1.03% 89.51B
Weighted average by Cap. 30.02x 4.04x 23.80x 0.49%

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