Company Valuation: Tripadvisor, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,767 2,528 2,982 2,058 1,701 1,147 - -
Change - -32.89% 17.98% -30.99% -17.36% -32.53% - -
Enterprise Value (EV) 1 3,942 2,343 2,754 1,873 1,874 1,220 853.7 636.9
Change - -40.57% 17.56% -32% 0.04% -34.91% -30% -25.4%
P/E -25.2x 128x 269x 369x 47x 36.2x 17.4x 12x
PBR 4.77x 3.05x 3.58x 2.2x 2.58x 1.62x 1.4x 1.2x
PEG - -1x -6.3x -7.4x 0x -2.8x 0x 0.3x
Capitalization / Revenue 4.18x 1.69x 1.67x 1.12x 0.9x 0.72x 0.7x 0.69x
EV / Revenue 4.37x 1.57x 1.54x 1.02x 0.99x 0.77x 0.52x 0.38x
EV / EBITDA 39.4x 7.94x 8.25x 5.53x 5.87x 5.3x 3.45x 2.44x
EV / EBIT -30.1x 23.2x 21.9x 20.4x 23.4x 15.5x 8.89x 5.91x
EV / FCF 73x 6.81x 16x 26.8x 11.5x 6.74x 5.33x 3.59x
FCF Yield 1.37% 14.7% 6.24% 3.74% 8.7% 14.8% 18.7% 27.9%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.08 0.14 0.08 0.04 0.31 0.2701 0.5618 0.816
Distribution rate - - - - - - - -
Net sales 1 902 1,492 1,788 1,835 1,891 1,583 1,647 1,665
EBITDA 1 100 295 334 339 319 230 247.2 261.4
EBIT 1 -131 101 126 92 80 78.52 96.04 107.8
Net income 1 -148 20 10 5 40 34.36 63.66 98.94
Net Debt 1 175 -185 -228 -185 173 72.25 -293.7 -510.5
Reference price 2 27.260 17.980 21.530 14.770 14.560 9.790 9.790 9.790
Nbr of stocks (in thousands) 138,181 140,586 138,515 139,336 116,803 117,199 - -
Announcement Date 16/02/22 14/02/23 14/02/24 20/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.29x5.32x14.36x0.83% 152B
17.33x2.24x8.78x0.6% 38.28B
15.93x1.82x6.87x0.79% 28.09B
119.44x4.93x27.72x0% 5.47B
7.48x0.7x2.69x2.81% 3.5B
11.88x0.86x5.08x4.03% 1.79B
37x1.38x7.01x0.38% 1.56B
36.25x0.77x5.3x-.--% 1.15B
82.5x - - - 987M
Average 38.57x 2.25x 9.73x 1.18% 25.89B
Weighted average by Cap. 21.15x 4.23x 12.51x 0.82%

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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  5. Valuation Tripadvisor, Inc.