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 42,356 - -
Change - -80.78% 52.19% 20.69% 30.09% 96.41% - -
Enterprise Value (EV) 1 42,614 5,858 10,713 15,184 20,087 40,136 39,397 38,759
Change - -86.25% 82.88% 41.74% 32.29% 99.81% -1.84% -1.62%
P/E -48.3x -7.14x -13.7x -164x 677x 32.1x 78.8x 56.1x
PBR 4.27x 0.86x 1.42x 2.07x 2.78x 4.72x 4.5x 4.17x
PEG - -0.3x 0.7x 1.9x -5x 0x -1.3x 1.4x
Capitalization / Revenue 16.5x 2.36x 3.31x 3.72x 4.26x 7.06x 6.33x 5.72x
EV / Revenue 15x 1.53x 2.58x 3.41x 3.96x 6.69x 5.89x 5.23x
EV / EBITDA 163x 21.3x 13.1x 16.5x 17.9x 32.1x 26.6x 22.6x
EV / EBIT 16,910x -1,305x 20.1x 21.3x 21.7x 35x 29.5x 24.8x
EV / FCF -409x -17.5x 29.5x 23.1x 21.2x 35.5x 30.7x 26.6x
FCF Yield -0.24% -5.71% 3.39% 4.33% 4.71% 2.82% 3.26% 3.75%
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 6,688 7,404
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 1,337 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 75.87 108.08 142.24 275.80 275.80 275.80
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.2x9.68x15.83x0.77% 3,833B
124.16x54.2x87.97x-.--% 456B
479.02x20.52x81.15x-.--% 96.28B
67.86x14.32x30.19x-.--% 89.81B
107.18x9.08x24.25x-.--% 81.59B
33.64x1.62x12.95x-.--% 60.97B
188.3x6.04x23.37x-.--% 47.52B
32.1x6.69x32.11x-.--% 42.36B
109.33x4.32x20.97x-.--% 37.67B
Average 129.75x 14.05x 36.53x 0.09% 527.2B
Weighted average by Cap. 49.41x 14.05x 24.72x 0.62%

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