Company Valuation: Pinterest, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 23,707 16,467 24,978 19,599 17,490 10,426 - -
Change - -30.54% 51.68% -21.54% -10.76% -40.39% - -
Enterprise Value (EV) 1 21,227 13,769 22,467 17,086 15,023 9,283 8,461 7,359
Change - -35.13% 63.17% -23.95% -12.07% -38.21% -8.86% -13.02%
P/E 79x -173x -741x 10.9x 42.4x 43.3x 23.6x 17.7x
PBR 7.86x 5.05x 8.13x 3.62x 3.63x 3.14x 2.52x 2.02x
PEG - 1x 11.5x -0x -0.5x -1.4x 0.3x 0.5x
Capitalization / Revenue 9.2x 5.88x 8.18x 5.38x 4.14x 2.12x 1.88x 1.68x
EV / Revenue 8.23x 4.91x 7.35x 4.69x 3.56x 1.89x 1.52x 1.19x
EV / EBITDA 26.1x 31.2x 32.9x 16.6x 11.8x 6.27x 4.97x 3.75x
EV / EBIT 65.1x -135x -179x 95x 47x 34.1x 17.6x 11.3x
EV / FCF 28.5x 31.3x 37.1x 18.2x 12x 7.39x 5.49x 4.27x
FCF Yield 3.5% 3.2% 2.69% 5.5% 8.33% 13.5% 18.2% 23.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.46 -0.14 -0.05 2.67 0.61 0.4255 0.7814 1.043
Distribution rate - - - - - - - -
Net sales 1 2,578 2,803 3,055 3,646 4,222 4,914 5,552 6,188
EBITDA 1 814.4 441.9 683.5 1,032 1,270 1,482 1,704 1,964
EBIT 1 326.2 -101.7 -125.7 179.8 319.9 272 481.5 649.9
Net income 1 316.4 -96.05 -35.61 1,862 416.9 244.3 451 616.5
Net Debt 1 -2,480 -2,698 -2,511 -2,513 -2,467 -1,142 -1,965 -3,066
Reference price 2 36.35 24.28 37.04 29.00 25.89 18.41 18.41 18.41
Nbr of stocks (in thousands) 6,52,197 6,78,231 6,74,359 6,75,826 6,75,558 5,66,313 - -
Announcement Date 03/02/22 06/02/23 08/02/24 06/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.2x4.05x9.39x1.34% 50TCr
19.32x5.72x17.19x-.--% 29TCr
21.35x2.44x12.42x-.--% 14TCr
2.96x79.76x2.22x0.14% 11TCr
35.88x4.18x27.3x-.--% 10TCr
29.37x5.7x16.02x-.--% 9.2TCr
10.12x7.27x87.32x0.68% 8.65TCr
68.99x4.06x19.32x-.--% 7.73TCr
7.57x2.88x59.75x0.79% 3.26TCr
Average 23.42x 12.90x 27.88x 0.33% 15.88TCr
Weighted average by Cap. 20.54x 10.16x 18.84x 0.54%

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