Company Valuation: eBay Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 41,629 22,504 22,639 29,674 39,369 46,017 - -
Change - -45.94% 0.6% 31.08% 32.67% 16.89% - -
Enterprise Value (EV) 1 49,332 29,221 28,377 34,666 43,196 50,853 50,561 50,245
Change - -40.77% -2.89% 22.16% 24.61% 17.73% -0.57% -0.62%
P/E 175x -18.3x 8.4x 15.7x 20.1x 23.3x 20.3x 17.7x
PBR 4.04x 4.34x 3.53x 5.66x 8.47x 10.5x 9.57x 8.33x
PEG - 0x -0x -0.7x 2x 10.35x 1.4x 1.2x
Capitalization / Revenue 4x 2.3x 2.24x 2.89x 3.55x 3.68x 3.45x 3.24x
EV / Revenue 4.73x 2.98x 2.81x 3.37x 3.89x 4.07x 3.79x 3.54x
EV / EBITDA 12.4x 8.64x 8.94x 10.8x 12.4x 13.5x 12.5x 11.1x
EV / EBIT 14.2x 9.94x 10.2x 12x 14x 15x 13.9x 12.5x
EV / FCF 22.3x 13.4x 14.4x 17.7x 29.1x 18.8x 17x 15x
FCF Yield 4.49% 7.45% 6.96% 5.64% 3.44% 5.33% 5.9% 6.69%
Dividend per Share 2 0.72 0.88 1 1.08 1.16 1.231 1.297 1.395
Rate of return 1.08% 2.12% 2.29% 1.74% 1.33% 1.19% 1.25% 1.35%
EPS 2 0.38 -2.27 5.19 3.94 4.34 4.438 5.083 5.848
Distribution rate 189% -38.8% 19.3% 27.4% 26.7% 27.7% 25.5% 23.9%
Net sales 1 10,420 9,795 10,112 10,283 11,100 12,502 13,342 14,189
EBITDA 1 3,981 3,381 3,175 3,216 3,492 3,758 4,060 4,507
EBIT 1 3,479 2,939 2,772 2,892 3,085 3,395 3,641 4,032
Net income 1 252 -1,269 2,767 1,975 2,031 2,008 2,243 2,532
Net Debt 1 7,703 6,717 5,738 4,992 3,827 4,835 4,543 4,227
Reference price 2 66.50 41.47 43.62 61.95 87.10 103.41 103.41 103.41
Nbr of stocks (in thousands) 626,004 542,659 519,000 479,000 452,000 445,000 - -
Announcement Date 23/02/22 22/02/23 27/02/24 26/02/25 18/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.3x4.07x13.53x1.19% 46.02B
22.01x1.56x10.73x0.98% 274B
90.49x11.86x63.63x-.--% 187B
8.4x0.95x4.13x-.--% 117B
51.67x2.14x22.01x-.--% 100B
-100.74x0.78x30.19x-.--% 64.35B
21.32x5.76x13.97x - 31.22B
29.86x3.47x11.62x1.54% 15.47B
4.84x0.25x2.98x4.4% 7.3B
31.95x4.36x19.95x-.--% 6.44B
Average 18.31x 3.52x 19.27x 0.9% 84.87B
Weighted average by Cap. 29.51x 4.09x 24.55x 0.46%

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