Company Valuation: Twilio Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 46,961 9,025 13,736 16,578 21,565 36,932 - -
Change - -80.78% 52.19% 20.69% 30.09% 71.25% - -
Enterprise Value (EV) 1 42,614 5,858 10,713 15,184 20,087 34,712 33,972 33,335
Change - -86.25% 82.88% 41.74% 32.29% 72.8% -2.13% -1.88%
P/E -48.3x -7.14x -13.7x -164x 677x 28x 68.7x 48.9x
PBR 4.27x 0.86x 1.42x 2.07x 2.78x 4.12x 3.92x 3.64x
PEG - -0.3x 0.7x 1.9x -5x 0x -1.2x 1.2x
Capitalization / Revenue 16.5x 2.36x 3.31x 3.72x 4.26x 6.16x 5.53x 5.01x
EV / Revenue 15x 1.53x 2.58x 3.41x 3.96x 5.79x 5.09x 4.52x
EV / EBITDA 163x 21.3x 13.1x 16.5x 17.9x 27.8x 23x 19.4x
EV / EBIT 16,910x -1,305x 20.1x 21.3x 21.7x 30.3x 25.4x 21.3x
EV / FCF -409x -17.5x 29.5x 23.1x 21.2x 30.7x 26.5x 22.9x
FCF Yield -0.24% -5.71% 3.39% 4.33% 4.71% 3.26% 3.78% 4.36%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -5.45 -6.86 -5.54 -0.66 0.21 8.592 3.498 4.915
Distribution rate - - - - - - - -
Net sales 1 2,842 3,826 4,154 4,458 5,067 6,000 6,673 7,376
EBITDA 1 260.9 274.6 817.4 920.4 1,119 1,250 1,480 1,715
EBIT 1 2.52 -4.49 533 714.4 924 1,147 1,336 1,564
Net income 1 -949.9 -1,256 -1,015 -109.4 33.83 1,354 539.2 782.3
Net Debt 1 -4,347 -3,168 -3,023 -1,394 -1,478 -2,220 -2,959 -3,597
Reference price 2 263.34 48.96 75.87 108.08 142.24 240.48 240.48 240.48
Nbr of stocks (in thousands) 178,329 184,340 181,043 153,384 151,613 153,575 - -
Announcement Date 2/9/22 2/15/23 2/14/24 2/13/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.23x9.31x15.18x0.78% 3,689B
111.88x48.26x78.34x-.--% 407B
63.81x13.48x28.42x-.--% 84.45B
104.72x8.9x22.54x-.--% 79.72B
370.9x15.8x62.45x-.--% 75.13B
38.05x1.91x15.2x-.--% 69.09B
188.43x6.01x23.2x-.--% 47.2B
112.77x4.63x22.5x-.--% 40.41B
26.39x5.43x26.08x-.--% 34.82B
Average 115.80x 12.64x 32.66x 0.09% 503.02B
Weighted average by Cap. 43.57x 12.78x 22.26x 0.64%

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