Company Valuation: Snap Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 75,709 14,437 27,873 18,064 13,875 9,792 - -
Change - -80.93% 93.07% -35.19% -23.19% -29.43% - -
Enterprise Value (EV) 1 74,269 14,241 28,079 18,331 14,471 10,281 9,178 8,187
Change - -80.83% 97.17% -34.72% -21.06% -28.95% -10.73% -10.8%
P/E -152x -10.1x -20.6x -25.6x -29.9x -85.9x 46.4x 22.7x
PBR 19.3x 5.46x 11.5x 7.43x 6.05x 4.43x 3.23x 2.41x
PEG - -0x 2.62x 0.5x 0.8x 1.1x -0x 0x
Capitalization / Revenue 18.4x 3.14x 6.05x 3.37x 2.34x 1.47x 1.32x 1.21x
EV / Revenue 18x 3.09x 6.1x 3.42x 2.44x 1.55x 1.24x 1.01x
EV / EBITDA 120x 37.7x 174x 36x 21x 8.13x 5.81x 4.41x
EV / EBIT -106x -10.2x -20.1x -23.3x -27.2x -110x 33x 15.8x
EV / FCF 333x 257x 807x 83.8x 33.1x 11.1x 7.89x 5.95x
FCF Yield 0.3% 0.39% 0.12% 1.19% 3.02% 8.99% 12.7% 16.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.89 -0.82 -0.42 -0.27 -0.0674 0.1247 0.2552
Distribution rate - - - - - - - -
Net sales 1 4,117 4,602 4,606 5,361 5,931 6,650 7,410 8,110
EBITDA 1 616.7 377.6 161.6 508.6 689.5 1,264 1,580 1,857
EBIT 1 -702.1 -1,395 -1,398 -787.3 -532.2 -93.74 278 518.6
Net income 1 -488 -1,430 -1,322 -697.9 -460.5 -110.9 219.9 465.7
Net Debt 1 -1,440 -196.6 205.3 267.6 596.3 489.4 -613.8 -1,605
Reference price 2 47.030 8.950 16.930 10.770 8.070 5.790 5.790 5.790
Nbr of stocks (in thousands) 1,609,798 1,613,101 1,646,395 1,677,206 1,719,359 1,691,198 - -
Announcement Date 2/3/22 1/31/23 2/6/24 2/4/25 2/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
72.32x9.29x17.25x - 23.01B
-43.85x0.4x38.44x-.--% 15.82B
13.03x5.08x9.57x2.78% 8.15B
36.76x6.02x29.84x-.--% 4.35B
13.55x1.67x8.25x1.21% 2.5B
25.52x1.48x6.19x - 1.65B
9.48x0.92x5.04x2.38% 1.48B
133.16x6.46x48.76x - 1.32B
Average 32.50x 3.91x 20.42x 1.27% 7.29B
Weighted average by Cap. 25.77x 5.22x 22.57x 0.9%

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