Company Valuation: Tripadvisor, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,767 2,528 2,982 2,058 1,701 985.6 - -
Change - -32.89% 17.98% -30.99% -17.36% -42.04% - -
Enterprise Value (EV) 1 3,942 2,343 2,754 1,873 1,874 1,058 692 475.1
Change - -40.57% 17.56% -32% 0.04% -43.54% -34.59% -31.34%
P/E -25.2x 128x 269x 369x 47x 31.1x 15x 10.3x
PBR 4.77x 3.05x 3.58x 2.2x 2.58x 1.39x 1.2x 1.03x
PEG - -1x -6.3x -7.4x 0x -2.4x 0x 0.2x
Capitalization / Revenue 4.18x 1.69x 1.67x 1.12x 0.9x 0.62x 0.6x 0.59x
EV / Revenue 4.37x 1.57x 1.54x 1.02x 0.99x 0.67x 0.42x 0.29x
EV / EBITDA 39.4x 7.94x 8.25x 5.53x 5.87x 4.6x 2.8x 1.82x
EV / EBIT -30.1x 23.2x 21.9x 20.4x 23.4x 13.2x 7.21x 4.41x
EV / FCF 73x 6.81x 16x 26.8x 11.5x 5.85x 4.32x 2.68x
FCF Yield 1.37% 14.7% 6.24% 3.74% 8.7% 17.1% 23.1% 37.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.08 0.14 0.08 0.04 0.31 0.2701 0.5618 0.816
Distribution rate - - - - - - - -
Net sales 1 902 1,492 1,788 1,835 1,891 1,583 1,647 1,665
EBITDA 1 100 295 334 339 319 230 247.2 261.4
EBIT 1 -131 101 126 92 80 80.37 96.03 107.8
Net income 1 -148 20 10 5 40 34.36 63.66 98.94
Net Debt 1 175 -185 -228 -185 173 72.25 -293.7 -510.5
Reference price 2 27.260 17.980 21.530 14.770 14.560 8.410 8.410 8.410
Nbr of stocks (in thousands) 138,181 140,586 138,515 139,336 116,803 117,199 - -
Announcement Date 2/16/22 2/14/23 2/14/24 2/20/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.61x4.35x11.72x1.03% 123B
14.26x1.83x7.2x0.72% 31.71B
24.51x1.8x7.49x0.82% 24.83B
95.98x4.03x22.7x0% 4.4B
47.67x4.4x27.87x-.--% 1.89B
34.64x1.31x6.66x0.4% 1.47B
10.01x0.69x4.1x4.91% 1.45B
31.14x0.67x4.6x-.--% 986M
17.72x0.78x8.73x3.27% 911M
Average 32.39x 2.21x 11.23x 1.24% 21.2B
Weighted average by Cap. 18.91x 3.50x 10.68x 0.95%

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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  5. Valuation Tripadvisor, Inc.