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 47,482 - -
Change - -45.94% 0.6% 31.08% 32.67% 20.61% - -
Enterprise Value (EV) 1 49,332 29,221 28,377 34,666 43,196 52,317 52,025 51,709
Change - -40.77% -2.89% 22.16% 24.61% 21.11% -0.56% -0.61%
P/E 175x -18.3x 8.4x 15.7x 20.1x 24x 21x 18.2x
PBR 4.04x 4.34x 3.53x 5.66x 8.47x 10.8x 9.87x 8.6x
PEG - 0x -0x -0.7x 2x 10.67x 1.4x 1.2x
Capitalization / Revenue 4x 2.3x 2.24x 2.89x 3.55x 3.8x 3.56x 3.35x
EV / Revenue 4.73x 2.98x 2.81x 3.37x 3.89x 4.18x 3.9x 3.64x
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 12.8x
EV / FCF 22.3x 13.4x 14.4x 17.7x 29.1x 19.3x 17.4x 15.4x
FCF Yield 4.49% 7.45% 6.96% 5.64% 3.44% 5.18% 5.73% 6.5%
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% 1.22% 1.31%
EPS 2 0.38 -2.27 5.19 3.94 4.34 4.438 5.083 5.848
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 12,502 13,342 14,189
EBITDA 1 3,981 3,381 3,175 3,216 3,492 3,758 4,060 4,507
EBIT 1 3,479 2,939 2,772 2,892 3,085 3,395 3,641 4,032
Net income 1 252 -1,269 2,767 1,975 2,031 2,008 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 87.10 106.70 106.70 106.70
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.($)
23.66x4.12x13.72x1.17% 46.72B
21.99x1.54x10.62x0.98% 273B
87.2x11.42x61.24x-.--% 180B
8.51x0.97x4.22x-.--% 118B
51.29x2.12x21.82x-.--% 99.54B
20.54x5.52x13.38x - 30.06B
29.57x3.44x11.52x1.56% 15.33B
4.81x0.24x2.95x4.43% 7.25B
30.8x4.19x19.16x-.--% 6.21B
20.69x6.51x11.51x2.88% 5.73B
Average 29.91x 4.01x 17.01x 1.22% 78.21B
Weighted average by Cap. 38.77x 4.19x 23.03x 0.53%

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