Company Valuation: Snap Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 75,709 14,437 27,873 18,064 13,875 9,386 - -
Change - -80.93% 93.07% -35.19% -23.19% -32.35% - -
Enterprise Value (EV) 1 74,269 14,241 28,079 18,331 14,471 9,864 8,754 7,727
Change - -80.83% 97.17% -34.72% -21.06% -31.84% -11.25% -11.74%
P/E -152x -10.1x -20.6x -25.6x -29.9x -85.3x 45x 21.9x
PBR 19.3x 5.46x 11.5x 7.43x 6.05x 4.25x 3.1x 2.31x
PEG - -0x 2.62x 0.5x 0.8x 1.1x -0x 0x
Capitalization / Revenue 18.4x 3.14x 6.05x 3.37x 2.34x 1.38x 1.25x 1.15x
EV / Revenue 18x 3.09x 6.1x 3.42x 2.44x 1.45x 1.16x 0.95x
EV / EBITDA 120x 37.7x 174x 36x 21x 7.52x 5.5x 4.08x
EV / EBIT -106x -10.2x -20.1x -23.3x -27.2x -112x 33x 15.4x
EV / FCF 333x 257x 807x 83.8x 33.1x 10.7x 7.41x 5.52x
FCF Yield 0.3% 0.39% 0.12% 1.19% 3.02% 9.35% 13.5% 18.1%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.89 -0.82 -0.42 -0.27 -0.0651 0.1234 0.2534
Distribution rate - - - - - - - -
Net sales 1 4,117 4,602 4,606 5,361 5,931 6,807 7,515 8,159
EBITDA 1 616.7 377.6 161.6 508.6 689.5 1,311 1,593 1,892
EBIT 1 -702.1 -1,395 -1,398 -787.3 -532.2 -88.36 265.6 502.3
Net income 1 -488 -1,430 -1,322 -697.9 -460.5 -101.2 220.8 438
Net Debt 1 -1,440 -196.6 205.3 267.6 596.3 477.5 -631.9 -1,659
Reference price 2 47.030 8.950 16.930 10.770 8.070 5.550 5.550 5.550
Nbr of stocks (in thousands) 1,609,798 1,613,101 1,646,395 1,677,206 1,719,359 1,691,198 - -
Announcement Date 03/02/22 31/01/23 06/02/24 04/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
61.08x5.98x10.99x - 13.44B
-85.25x1.48x7.52x-.--% 9.39B
12.43x4.72x8.75x5.59% 7.73B
29.13x4.85x24.35x-.--% 3.55B
12.95x1.56x7.75x1.26% 2.4B
25.44x1.47x6.17x - 1.65B
6.45x1.05x6.53x2.85% 1.49B
146.16x7.1x53.59x - 1.45B
Average 26.05x 3.53x 15.71x 1.94% 5.14B
Weighted average by Cap. 12.52x 4.04x 11.89x 2.06%

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