Company Valuation: Circle Internet Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 18,673 23,362 - -
Change - 25.11% - -
Enterprise Value (EV) 1 17,184 20,776 20,443 19,877
Change - 20.9% -1.6% -2.77%
P/E -180x 86.9x 66.4x 43.3x
PBR 5.77x 6.78x 6.28x 4.87x
PEG 1x -0x 2.2x 0.8x
Capitalization / Revenue 6.8x 7.78x 6.3x 5.06x
EV / Revenue 6.26x 6.92x 5.51x 4.3x
EV / EBITDA 29.5x 29.5x 25.4x 17.5x
EV / EBIT -178x 70.1x 48.1x 29.2x
EV / FCF 36.3x 33.8x 29.6x 20.5x
FCF Yield 2.76% 2.96% 3.38% 4.88%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 -0.44 1.059 1.385 2.125
Distribution rate - - - -
Net sales 1 2,747 3,003 3,710 4,619
EBITDA 1 582.2 705.2 804.9 1,137
EBIT 1 -96.44 296.6 425.3 681
Net income 1 -69.51 282.7 365.8 567.5
Net Debt 1 -1,489 -2,586 -2,919 -3,485
Reference price 2 79.30 92.02 92.02 92.02
Nbr of stocks (in thousands) 2,35,476 2,53,876 - -
Announcement Date 25/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
54.08x18.37x34.38x-.--% 10TCr
22.48x4.53x10.69x1.34% 9.78TCr
28.05x8.69x16.73x-.--% 3.97TCr
62.94x5.74x20x-.--% 2.61TCr
37.87x19.15x31.63x2.25% 2.41TCr
86.93x6.92x29.46x-.--% 2.34TCr
6.08x2.93x6.97x4.44% 2.09TCr
8.48x - - 7.43% 2.07TCr
13.02x-0.19x-0.33x-.--% 1.76TCr
Average 35.55x 8.27x 18.69x 1.72% 4.12TCr
Weighted average by Cap. 37.41x 9.91x 20.80x 1.16%

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

  1. Stock Market
  2. Stocks
  3. CRCL Stock
  4. ET9 Stock
  5. Valuation Circle Internet Group, Inc.