Company Valuation: Pinterest, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 23,707 16,467 24,978 19,599 17,490 10,499 - -
Change - -30.54% 51.68% -21.54% -10.76% -39.97% - -
Enterprise Value (EV) 1 21,227 13,769 22,467 17,086 15,023 9,357 8,535 7,433
Change - -35.13% 63.17% -23.95% -12.07% -37.72% -8.79% -12.91%
P/E 79x -173x -741x 10.9x 42.4x 43.6x 23.7x 17.8x
PBR 7.86x 5.05x 8.13x 3.62x 3.63x 3.16x 2.53x 2.04x
PEG - 1x 11.5x -0x -0.5x -1.4x 0.3x 0.5x
Capitalization / Revenue 9.2x 5.88x 8.18x 5.38x 4.14x 2.14x 1.89x 1.7x
EV / Revenue 8.23x 4.91x 7.35x 4.69x 3.56x 1.9x 1.54x 1.2x
EV / EBITDA 26.1x 31.2x 32.9x 16.6x 11.8x 6.32x 5.01x 3.78x
EV / EBIT 65.1x -135x -179x 95x 47x 34.4x 17.7x 11.4x
EV / FCF 28.5x 31.3x 37.1x 18.2x 12x 7.45x 5.54x 4.31x
FCF Yield 3.5% 3.2% 2.69% 5.5% 8.33% 13.4% 18.1% 23.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.46 -0.14 -0.05 2.67 0.61 0.4255 0.7814 1.043
Distribution rate - - - - - - - -
Net sales 1 2,578 2,803 3,055 3,646 4,222 4,914 5,552 6,188
EBITDA 1 814.4 441.9 683.5 1,032 1,270 1,482 1,704 1,964
EBIT 1 326.2 -101.7 -125.7 179.8 319.9 272 481.5 649.9
Net income 1 316.4 -96.05 -35.61 1,862 416.9 244.3 451 616.5
Net Debt 1 -2,480 -2,698 -2,511 -2,513 -2,467 -1,142 -1,965 -3,066
Reference price 2 36.35 24.28 37.04 29.00 25.89 18.54 18.54 18.54
Nbr of stocks (in thousands) 652,197 678,231 674,359 675,826 675,558 566,313 - -
Announcement Date 2/3/22 2/6/23 2/8/24 2/6/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.92x3.98x9.21x1.37% 495B
19.62x5.81x17.45x-.--% 293B
21.69x2.49x12.67x-.--% 142B
2.97x82.1x2.24x0.14% 109B
35.73x4.16x27.16x-.--% 101B
29.54x5.74x16.12x-.--% 92.54B
10.14x7.25x87.13x0.68% 86.35B
72.36x4.27x20.33x-.--% 81.07B
7.52x2.87x59.47x0.8% 32.4B
Average 23.83x 13.19x 27.98x 0.33% 159.14B
Weighted average by Cap. 20.86x 10.45x 18.89x 0.54%

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