Company Valuation: Prosus N.V.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 76,627 99,625 78,467 104,988 104,839 94,882 - -
Change - 30.01% -21.24% 33.8% -0.14% -9.5% - -
Enterprise Value (EV) 1 79,074 106,159 92,530 114,327 106,660 97,971 96,675 97,159
Change - 34.25% -12.84% 23.56% -6.71% -8.15% -1.32% 0.5%
P/E 4.18x 10.7x 12.3x 9.61x 8.5x 10.7x 8.89x 7.55x
PBR 2.05x 2.22x 1.89x 2.19x 1.78x 1.52x 1.32x 1.14x
PEG - -0.3x -0.5x 0.1x 2.46x -0.5x 0.4x 0.4x
Capitalization / Revenue 11.2x 17.3x 14.4x 17x 10.8x 7.84x 7.13x 6.46x
EV / Revenue 11.5x 18.4x 16.9x 18.5x 11x 8.09x 7.26x 6.62x
EV / EBITDA -192x -171x - 250x 101x 94.4x 68.7x 54.8x
EV / EBIT -92.1x -79.3x -169x 661x 172x 167x 99.9x 77.1x
EV / FCF -94.2x -285x 93.6x 63x 76.1x 52.8x 40.7x 44.1x
FCF Yield -1.06% -0.35% 1.07% 1.59% 1.31% 1.89% 2.46% 2.27%
Dividend per Share 3 0.0642 0.0642 0.07 0.2 0.28 0.2431 0.2812 0.3109
Rate of return 0.29% 0.19% 0.24% 0.47% 0.72% 0.63% 0.73% 0.8%
EPS 3 5.327 3.082 2.368 4.432 4.586 3.616 4.35 5.126
Distribution rate 1.21% 2.08% 2.96% 4.51% 6.11% 6.72% 6.46% 6.07%
Net sales 1 6,866 5,765 5,467 6,170 9,705 12,107 13,309 14,677
EBITDA 1 -411 -622 - 457 1,053 1,037 1,408 1,772
EBIT 1 -859 -1,338 -546 173 619 586.9 967.4 1,260
Net income 1 18,733 10,112 6,606 12,367 11,638 8,960 11,337 12,302
Net Debt 1 2,447 6,534 14,063 9,339 1,821 3,089 1,792 2,276
Reference price 3 22.29 33.01 29.08 42.58 38.98 38.69 38.69 38.69
Nbr of stocks (in thousands) 3,095,179 2,778,125 2,498,516 2,281,498 2,332,659 2,113,208 - -
Announcement Date 27/06/22 27/06/23 24/06/24 23/06/25 29/06/26 - - -
1EUR in Million2USD in Million3EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.77x4.21x9.71x1.29% 522B
22.8x6.74x20.25x-.--% 340B
23.95x2.82x14.34x-.--% 161B
35.8x7.09x19.94x-.--% 112B
38.63x4.54x30x-.--% 113B
2.77x72.98x2.03x0.15% 98.29B
90.63x5.48x26.11x-.--% 103B
10.7x8.09x94.45x0.63% 94.88B
8.48x2.73x59.24x0.73% 36.96B
Average 27.73x 12.74x 30.67x 0.31% 175.63B
Weighted average by Cap. 24.74x 9.40x 21.45x 0.49%

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