Company Valuation: Pony AI Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 5,008 6,286 3,154 - -
Change - 25.54% -49.83% - -
Enterprise Value (EV) 1 4,485 6,008 2,993 3,179 3,192
Change - 33.96% -50.18% 6.21% 0.4%
P/E -5.98x -41.4x -11.2x -11.6x -15.5x
PBR 5.29x 3.33x 2.28x 2.91x 3.57x
PEG -0.1x 0.5x -0.1x 2.91x 0.6x
Capitalization / Revenue 66.7x 69.8x 21x 10.5x 4.36x
EV / Revenue 59.8x 66.8x 19.9x 10.6x 4.41x
EV / EBITDA -16.2x -23.6x -10.9x -12.3x -17.8x
EV / EBIT -15.7x -23x -10.1x -10.9x -15.2x
EV / FCF -36.7x -28.8x -9.61x -10.4x -13.2x
FCF Yield -2.72% -3.48% -10.4% -9.59% -7.58%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -2.4 -0.35 -0.6498 -0.6239 -0.468
Distribution rate - - - - -
Net sales 1 75.02 90 150 300.9 724.1
EBITDA 1 -277.2 -254.6 -273.4 -258.4 -179.8
EBIT 1 -285.5 -260.9 -295.2 -291.1 -209.5
Net income 1 -274.1 -134 -274.2 -268.5 -200.1
Net Debt 1 -522.7 -278.3 -160.7 25.07 37.69
Reference price 2 14.350 14.500 7.260 7.260 7.260
Nbr of stocks (in thousands) 348,962 433,542 434,414 - -
Announcement Date 3/25/25 3/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-638.44x6.31x93.55x-.--% 6.02B
29.12x5.05x19.63x0.18% 5.92B
-11.33x19.95x-10.95x-.--% 3.15B
39.71x2.82x16.84x - 1.37B
-6.53x51.87x-3.91x-.--% 596M
46.47x - - 0.52% 575M
Average -90.17x 17.20x 23.03x 0.14% 2.94B
Weighted average by Cap. -205.78x 9.70x 39.01x 0.08%

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