Company Valuation: Prosus N.V.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 76,627 99,625 78,467 104,988 104,839 86,086 - -
Change - 30.01% -21.24% 33.8% -0.14% -17.89% - -
Enterprise Value (EV) 1 79,074 106,159 92,530 114,327 106,660 89,175 88,574 88,362
Change - 34.25% -12.84% 23.56% -6.71% -16.39% -0.67% -0.24%
P/E 4.18x 10.7x 12.3x 9.61x 8.5x 10.1x 8.51x 7.16x
PBR 2.05x 2.22x 1.89x 2.19x 1.78x 1.4x 1.22x 1.05x
PEG - -0.3x -0.5x 0.1x 2.46x -0.4x 0.5x 0.4x
Capitalization / Revenue 11.2x 17.3x 14.4x 17x 10.8x 6.98x 6.35x 5.79x
EV / Revenue 11.5x 18.4x 16.9x 18.5x 11x 7.23x 6.53x 5.94x
EV / EBITDA -192x -171x - 250x 101x 86.9x 63.8x 49.7x
EV / EBIT -92.1x -79.3x -169x 661x 172x 151x 95.4x 68.7x
EV / FCF -94.2x -285x 93.6x 63x 76.1x 51.4x 39.5x 39.8x
FCF Yield -1.06% -0.35% 1.07% 1.59% 1.31% 1.94% 2.53% 2.52%
Dividend per Share 3 0.0642 0.0642 0.07 0.2 0.28 0.2437 0.2826 0.3129
Rate of return 0.29% 0.19% 0.24% 0.47% 0.72% 0.68% 0.79% 0.88%
EPS 3 5.327 3.082 2.368 4.432 4.586 3.55 4.202 4.992
Distribution rate 1.21% 2.08% 2.96% 4.51% 6.11% 6.87% 6.72% 6.27%
Net sales 1 6,866 5,765 5,467 6,170 9,705 12,332 13,566 14,867
EBITDA 1 -411 -622 - 457 1,053 1,026 1,389 1,778
EBIT 1 -859 -1,338 -546 173 619 590.6 928.5 1,285
Net income 1 18,733 10,112 6,606 12,367 11,638 8,713 10,474 11,825
Net Debt 1 2,447 6,534 14,063 9,339 1,821 3,089 2,488 2,276
Reference price 3 22.29 33.01 29.08 42.58 38.98 35.76 35.76 35.76
Nbr of stocks (in thousands) 3,095,179 2,778,125 2,498,516 2,281,498 2,332,659 2,113,208 - -
Announcement Date 6/27/22 6/27/23 6/24/24 6/23/25 6/29/26 - - -
1EUR in Million2USD in Million3EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.24x4.07x9.41x1.34% 506B
19.91x5.9x17.73x-.--% 297B
21.45x2.49x12.67x-.--% 142B
3.2x88.24x2.46x0.13% 115B
36.73x4.29x28x-.--% 105B
28.15x5.43x15.26x-.--% 88.19B
10.07x7.23x86.88x0.68% 86.09B
73.2x4.32x20.58x-.--% 82.01B
7.52x2.87x59.42x0.8% 32.37B
Average 23.94x 13.87x 28.05x 0.33% 161.47B
Weighted average by Cap. 20.98x 11.21x 18.91x 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