Company Valuation: Prosus N.V.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 76,627 99,625 78,467 1,04,988 1,04,839 91,171 - -
Change - 30.01% -21.24% 33.8% -0.14% -13.04% - -
Enterprise Value (EV) 1 79,074 1,06,159 92,530 1,14,327 1,06,660 94,260 93,659 93,448
Change - 34.25% -12.84% 23.56% -6.71% -11.63% -0.64% -0.23%
P/E 4.18x 10.7x 12.3x 9.61x 8.5x 10.2x 8.51x 7.16x
PBR 2.05x 2.22x 1.89x 2.19x 1.78x 1.46x 1.27x 1.09x
PEG - -0.3x -0.5x 0.1x 2.46x -0.5x 0.4x 0.4x
Capitalization / Revenue 11.2x 17.3x 14.4x 17x 10.8x 7.39x 6.74x 6.1x
EV / Revenue 11.5x 18.4x 16.9x 18.5x 11x 7.64x 6.93x 6.26x
EV / EBITDA -192x -171x - 250x 101x 91.6x 67.2x 52.7x
EV / EBIT -92.1x -79.3x -169x 661x 172x 160x 96.3x 74.2x
EV / FCF -94.2x -285x 93.6x 63x 76.1x 54.4x 41.8x 42x
FCF Yield -1.06% -0.35% 1.07% 1.59% 1.31% 1.84% 2.39% 2.38%
Dividend per Share 3 0.0642 0.0642 0.07 0.2 0.28 0.2434 0.2823 0.3124
Rate of return 0.29% 0.19% 0.24% 0.47% 0.72% 0.66% 0.76% 0.84%
EPS 3 5.327 3.082 2.368 4.432 4.586 3.623 4.361 5.186
Distribution rate 1.21% 2.08% 2.96% 4.51% 6.11% 6.72% 6.47% 6.02%
Net sales 1 6,866 5,765 5,467 6,170 9,705 12,345 13,523 14,935
EBITDA 1 -411 -622 - 457 1,053 1,029 1,394 1,772
EBIT 1 -859 -1,338 -546 173 619 588.5 972.3 1,260
Net income 1 18,733 10,112 6,606 12,367 11,638 9,010 10,762 11,970
Net Debt 1 2,447 6,534 14,063 9,339 1,821 3,089 2,488 2,276
Reference price 3 22.29 33.01 29.08 42.58 38.98 37.12 37.12 37.12
Nbr of stocks (in thousands) 30,95,179 27,78,125 24,98,516 22,81,498 23,32,659 21,13,208 - -
Announcement Date 27/06/22 27/06/23 24/06/24 23/06/25 29/06/26 - - -
1EUR in Million2USD in Million3EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.31x4.08x9.42x1.33% 51TCr
21.83x6.46x19.4x-.--% 33TCr
23.01x2.71x13.79x-.--% 15TCr
38.22x4.48x29.65x-.--% 11TCr
34.37x6.78x19.06x-.--% 11TCr
81.15x4.87x23.2x-.--% 9.17TCr
2.8x74.2x2.07x0.15% 10TCr
10.25x7.64x91.63x0.66% 9.12TCr
8.19x3.12x64.55x0.73% 3.57TCr
Average 26.13x 12.70x 30.31x 0.32% 16.98TCr
Weighted average by Cap. 23.14x 9.58x 20.67x 0.51%

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