Projected Income Statement: Prosus N.V.

Forecast Balance Sheet: Prosus N.V.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Net Debt 1 2,447 6,534 14,063 9,339 1,821 3,089 1,792 2,276
Change - 167.02% 115.23% -33.59% -80.5% 69.63% -41.99% 27.01%
Announcement Date 27/06/22 27/06/23 24/06/24 23/06/25 29/06/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Prosus N.V.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
CAPEX 1 234 252 56 106 195 211.4 226.3 241.1
Change - 7.69% -77.78% 89.29% 83.96% 8.4% 7.07% 6.54%
Free Cash Flow (FCF) 1 -839 -372 989 1,814 1,401 1,855 2,375 2,202
Change - 55.66% 365.86% 83.42% -22.77% 32.38% 28.06% -7.3%
Announcement Date 27/06/22 27/06/23 24/06/24 23/06/25 29/06/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Prosus N.V.

Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029

Profitability

        
EBITDA Margin (%) -5.99% -10.79% - 7.41% 10.85% 8.57% 10.58% 12.08%
EBIT Margin (%) -12.51% -23.21% -9.99% 2.8% 6.38% 4.85% 7.27% 8.58%
EBT Margin (%) 272.23% 165.12% 128.43% 205.4% 121.36% 89.4% 94.13% 92.3%
Net margin (%) 272.84% 175.4% 120.83% 200.44% 119.92% 74% 85.18% 83.82%
FCF margin (%) -12.22% -6.45% 18.09% 29.4% 14.44% 15.32% 17.85% 15%
FCF / Net Income (%) -4.48% -3.68% 14.97% 14.67% 12.04% 20.7% 20.95% 17.9%

Profitability

        
ROA 5.87% 3.68% 5.2% 9.16% 8.32% 10.92% 11.57% 11.82%
ROE 7.98% 5.28% 7.68% 13.34% 12.03% 15.17% 15.94% 16.62%

Financial Health

        
Leverage (Debt/EBITDA) -5.95x -10.5x - 20.44x 1.73x 2.98x 1.27x 1.28x
Debt / Free cash flow -2.92x -17.56x 14.22x 5.15x 1.3x 1.67x 0.75x 1.03x

Capital Intensity

        
CAPEX / Current Assets (%) 3.41% 4.37% 1.02% 1.72% 2.01% 1.75% 1.7% 1.64%
CAPEX / EBITDA (%) -56.93% -40.51% - 23.19% 18.52% 20.38% 16.08% 13.6%
CAPEX / FCF (%) -27.89% -67.74% 5.66% 5.84% 13.92% 11.4% 9.53% 10.95%

Items per share

        
Cash flow per share 1 -0.1736 -0.037 0.3757 0.6925 0.6392 0.7818 1.065 1.09
Change - 78.68% 1,114.94% 84.32% -7.7% 22.3% 36.23% 2.32%
Dividend per Share 1 0.0642 0.0642 0.07 0.2 0.28 0.2431 0.2812 0.3109
Change - 0% 8.98% 185.71% 40% -13.18% 15.67% 10.57%
Book Value Per Share 1 10.88 14.88 15.42 19.42 21.95 25.41 29.34 33.99
Change - 36.78% 3.61% 25.93% 13.04% 15.77% 15.47% 15.85%
EPS 1 5.327 3.082 2.368 4.432 4.586 3.616 4.35 5.126
Change - -42.15% -23.16% 87.17% 3.46% -21.15% 20.31% 17.84%
Nbr of stocks (in thousands) 3,095,179 2,778,125 2,498,516 2,281,498 2,332,659 2,113,208 2,113,208 2,113,208
Announcement Date 27/06/22 27/06/23 24/06/24 23/06/25 29/06/26 - - -
1EUR
Estimates
2027 *2028 *
P/E 10.6x 8.8x
PBR 1.51x 1.31x
EV / Sales 8.06x 7.23x
Yield 0.63% 0.73%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
38.30EUR
Average target price
62.38EUR
Spread / Average Target
+62.88%

Quarterly revenue - Rate of surprise