Company Valuation: Toast, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,520 9,389 9,864 20,704 20,880 18,898 - -
Change - -46.41% 5.06% 109.89% 0.85% -9.49% - -
Enterprise Value (EV) 1 16,254 8,368 8,740 19,287 18,889 16,777 15,887 14,666
Change - -48.52% 4.45% 120.67% -2.06% -11.18% -5.3% -7.69%
P/E -20.7x -25x -39.7x 1,215x 63.4x 36.7x 28.9x 21.5x
PBR 8.68x 8.4x 8.15x 13.5x 9.85x 7.18x 5.36x 4.03x
PEG - 0.4x 1.1x -11x 0x 0.6x 1.1x 0.6x
Capitalization / Revenue 10.3x 3.44x 2.55x 4.17x 3.39x 2.56x 2.17x 1.85x
EV / Revenue 9.53x 3.06x 2.26x 3.89x 3.07x 2.27x 1.82x 1.44x
EV / EBITDA -387x -72.8x 143x 51.7x 29.8x 20.8x 15.4x 11.1x
EV / EBIT -193x -55.1x 8,740x 59x 33.4x 21.3x 15.5x 11x
EV / FCF -956x -44.3x 94x 63x 31.1x 23.5x 17.1x 11.6x
FCF Yield -0.1% -2.26% 1.06% 1.59% 3.22% 4.25% 5.83% 8.62%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.68 -0.72 -0.46 0.03 0.56 0.8886 1.129 1.514
Distribution rate - - - - - - - -
Net sales 1 1,705 2,731 3,865 4,960 6,153 7,387 8,720 10,189
EBITDA 1 -42 -115 61 373 633 807.7 1,032 1,324
EBIT 1 -84 -152 1 327 566 787.1 1,024 1,339
Net income 1 -487 -275 -246 19 342 538.9 694 915.6
Net Debt 1 -1,266 -1,021 -1,124 -1,417 -1,991 -2,121 -3,011 -4,232
Reference price 2 34.71 18.03 18.26 36.45 35.51 32.60 32.60 32.60
Nbr of stocks (in thousands) 504,746 520,738 540,208 568,000 588,000 579,699 - -
Announcement Date 15/02/22 16/02/23 15/02/24 19/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.48x2.25x20.58x-.--% 18.9B
18.64x5.36x9.58x1.71% 339B
22.6x4.51x14.13x1.68% 213B
74.93x7.25x19.41x-.--% 120B
35.97x3.43x12.38x0.19% 46.87B
12.64x79.83x680.79x-.--% 34.03B
35.09x13.6x22.11x-.--% 31.84B
25.79x3.7x12.45x - 13.58B
91.13x8.68x37.21x-.--% 13.93B
63.48x2.78x11.33x-.--% 12.86B
Average 41.68x 13.14x 84.00x 0.4% 84.37B
Weighted average by Cap. 31.36x 8.54x 40.59x 1.14%

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

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