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 19,929 - -
Change - -46.41% 5.06% 109.89% 0.85% -4.55% - -
Enterprise Value (EV) 1 16,254 8,368 8,740 19,287 18,889 17,777 16,850 15,639
Change - -48.52% 4.45% 120.67% -2.06% -5.89% -5.21% -7.19%
P/E -20.7x -25x -39.7x 1,215x 63.4x 36.9x 28.9x 21.4x
PBR 8.68x 8.4x 8.15x 13.5x 9.85x 8.42x 5.75x 4.28x
PEG - 0.4x 1.1x -11x 0x 0.6x 1x 0.6x
Capitalization / Revenue 10.3x 3.44x 2.55x 4.17x 3.39x 2.67x 2.26x 1.92x
EV / Revenue 9.53x 3.06x 2.26x 3.89x 3.07x 2.38x 1.91x 1.51x
EV / EBITDA -387x -72.8x 143x 51.7x 29.8x 21.7x 16.1x 11.6x
EV / EBIT -193x -55.1x 8,740x 59x 33.4x 22x 16.3x 11.7x
EV / FCF -956x -44.3x 94x 63x 31.1x 25.4x 19x 14.5x
FCF Yield -0.1% -2.26% 1.06% 1.59% 3.22% 3.94% 5.26% 6.89%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.68 -0.72 -0.46 0.03 0.56 0.9348 1.194 1.611
Distribution rate - - - - - - - -
Net sales 1 1,705 2,731 3,865 4,960 6,153 7,464 8,836 10,365
EBITDA 1 -42 -115 61 373 633 819.2 1,045 1,344
EBIT 1 -84 -152 1 327 566 808 1,034 1,342
Net income 1 -487 -275 -246 19 342 556.1 703 946.5
Net Debt 1 -1,266 -1,021 -1,124 -1,417 -1,991 -2,152 -3,079 -4,291
Reference price 2 34.71 18.03 18.26 36.45 35.51 34.48 34.48 34.48
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.($)
22.85x6.23x11.13x1.39% 423B
25.26x5.05x15.8x1.5% 237B
80.84x7.86x21.03x-.--% 129B
38.79x3.68x13.31x0.17% 48.98B
-635.39x83.08x716.03x-.--% 38.43B
27.59x10.93x17.84x-.--% 22.49B
36.89x2.38x21.7x-.--% 19.93B
26.35x3.77x12.7x - 13.87B
97.49x9.31x39.91x-.--% 14.2B
Average -31.04x 14.70x 96.61x 0.38% 105.33B
Weighted average by Cap. 7.07x 9.18x 43.17x 1.02%

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