Company Valuation: Toast, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,520 9,389 9,864 20,704 20,880 20,322 - -
Change - -46.41% 5.06% 109.89% 0.85% -2.67% - -
Enterprise Value (EV) 1 16,254 8,368 8,740 19,287 18,889 18,298 17,412 16,206
Change - -48.52% 4.45% 120.67% -2.06% -3.13% -4.84% -6.93%
P/E -20.7x -25x -39.7x 1,215x 63.4x 37.1x 29.4x 21.8x
PBR 8.68x 8.4x 8.15x 13.5x 9.85x 8.56x 5.98x 4.42x
PEG - 0.4x 1.1x -11x 0x 0.5x 1.1x 0.6x
Capitalization / Revenue 10.3x 3.44x 2.55x 4.17x 3.39x 2.72x 2.3x 1.96x
EV / Revenue 9.53x 3.06x 2.26x 3.89x 3.07x 2.45x 1.97x 1.56x
EV / EBITDA -387x -72.8x 143x 51.7x 29.8x 22.3x 16.7x 12.1x
EV / EBIT -193x -55.1x 8,740x 59x 33.4x 22.8x 17x 12.1x
EV / FCF -956x -44.3x 94x 63x 31.1x 26.1x 19.6x 15x
FCF Yield -0.1% -2.26% 1.06% 1.59% 3.22% 3.83% 5.09% 6.65%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.68 -0.72 -0.46 0.03 0.56 0.9476 1.198 1.614
Distribution rate - - - - - - - -
Net sales 1 1,705 2,731 3,865 4,960 6,153 7,470 8,839 10,370
EBITDA 1 -42 -115 61 373 633 821.2 1,042 1,339
EBIT 1 -84 -152 1 327 566 803.8 1,027 1,336
Net income 1 -487 -275 -246 19 342 561.5 708.7 946.1
Net Debt 1 -1,266 -1,021 -1,124 -1,417 -1,991 -2,025 -2,911 -4,117
Reference price 2 34.71 18.03 18.26 36.45 35.51 35.16 35.16 35.16
Nbr of stocks (in thousands) 504,746 520,738 540,208 568,000 588,000 578,000 - -
Announcement Date 2/15/22 2/16/23 2/15/24 2/19/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.11x2.45x22.28x-.--% 20.32B
22.48x6.12x10.93x1.42% 414B
26.39x5.28x16.59x1.44% 250B
82.34x8.01x21.43x-.--% 132B
38.48x3.6x13.24x0.18% 47.58B
-52.69x86.35x744.21x-.--% 40.06B
30.77x11.94x19.5x-.--% 25.09B
104x9.97x42.48x-.--% 15.08B
-637.65x3.78x12.65x - 13.82B
24.2x4x14.73x2.19% 13.1B
Average -32.46x 14.15x 91.80x 0.58% 97.09B
Weighted average by Cap. 21.70x 9.42x 45.20x 1.03%

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

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