Projected Income Statement: Prosus N.V.

Forecast Balance Sheet: Prosus N.V.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 2,447 6,534 14,063 9,339 1,821 3,089 1,792 2,276
Change - 167.02% 115.23% -33.59% -80.5% 69.63% -41.99% 27.01%
Announcement Date 6/27/22 6/27/23 6/24/24 6/23/25 6/29/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Prosus N.V.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 234 252 56 106 195 211.4 226.3 241.1
Change - 7.69% -77.78% 89.29% 83.96% 8.4% 7.07% 6.54%
Free Cash Flow (FCF) 1 -839 -372 989 1,814 1,401 1,855 2,375 2,202
Change - 55.66% 365.86% 83.42% -22.77% 32.38% 28.06% -7.3%
Announcement Date 6/27/22 6/27/23 6/24/24 6/23/25 6/29/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Prosus N.V.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) -5.99% -10.79% - 7.41% 10.85% 8.57% 10.58% 12.08%
EBIT Margin (%) -12.51% -23.21% -9.99% 2.8% 6.38% 4.85% 7.27% 8.58%
EBT Margin (%) 272.23% 165.12% 128.43% 205.4% 121.36% 89.4% 94.13% 92.3%
Net margin (%) 272.84% 175.4% 120.83% 200.44% 119.92% 74% 85.18% 83.82%
FCF margin (%) -12.22% -6.45% 18.09% 29.4% 14.44% 15.32% 17.85% 15%
FCF / Net Income (%) -4.48% -3.68% 14.97% 14.67% 12.04% 20.7% 20.95% 17.9%

Profitability

        
ROA 5.87% 3.68% 5.2% 9.16% 8.32% 10.92% 11.57% 11.82%
ROE 7.98% 5.28% 7.68% 13.34% 12.03% 15.17% 15.94% 16.62%

Financial Health

        
Leverage (Debt/EBITDA) -5.95x -10.5x - 20.44x 1.73x 2.98x 1.27x 1.28x
Debt / Free cash flow -2.92x -17.56x 14.22x 5.15x 1.3x 1.67x 0.75x 1.03x

Capital Intensity

        
CAPEX / Current Assets (%) 3.41% 4.37% 1.02% 1.72% 2.01% 1.75% 1.7% 1.64%
CAPEX / EBITDA (%) -56.93% -40.51% - 23.19% 18.52% 20.38% 16.08% 13.6%
CAPEX / FCF (%) -27.89% -67.74% 5.66% 5.84% 13.92% 11.4% 9.53% 10.95%

Items per share

        
Cash flow per share 1 -0.1736 -0.037 0.3757 0.6925 0.6392 0.7818 1.065 1.09
Change - 78.68% 1,114.94% 84.32% -7.7% 22.3% 36.23% 2.32%
Dividend per Share 1 0.0642 0.0642 0.07 0.2 0.28 0.2431 0.2812 0.3109
Change - 0% 8.98% 185.71% 40% -13.18% 15.67% 10.57%
Book Value Per Share 1 10.88 14.88 15.42 19.42 21.95 25.41 29.34 33.99
Change - 36.78% 3.61% 25.93% 13.04% 15.77% 15.47% 15.85%
EPS 1 5.327 3.082 2.368 4.432 4.586 3.616 4.35 5.126
Change - -42.15% -23.16% 87.17% 3.46% -21.15% 20.31% 17.84%
Nbr of stocks (in thousands) 3,095,179 2,778,125 2,498,516 2,281,498 2,332,659 2,113,208 2,113,208 2,113,208
Announcement Date 6/27/22 6/27/23 6/24/24 6/23/25 6/29/26 - - -
1EUR
Estimates
2027 *2028 *
P/E 10.4x 8.68x
PBR 1.49x 1.29x
EV / Sales 7.95x 7.13x
Yield 0.64% 0.74%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
37.78EUR
Average target price
62.38EUR
Spread / Average Target
+65.13%

Quarterly revenue - Rate of surprise