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 83,583 - -
Change - 30.01% -21.24% 33.8% -0.14% -20.27% - -
Enterprise Value (EV) 1 79,074 1,06,159 92,530 1,14,327 1,06,660 86,672 86,071 85,859
Change - 34.25% -12.84% 23.56% -6.71% -18.74% -0.69% -0.25%
P/E 4.18x 10.7x 12.3x 9.61x 8.5x 10x 8.45x 7.12x
PBR 2.05x 2.22x 1.89x 2.19x 1.78x 1.39x 1.2x 1.04x
PEG - -0.3x -0.5x 0.1x 2.46x -0.4x 0.5x 0.4x
Capitalization / Revenue 11.2x 17.3x 14.4x 17x 10.8x 6.78x 6.16x 5.62x
EV / Revenue 11.5x 18.4x 16.9x 18.5x 11x 7.03x 6.34x 5.78x
EV / EBITDA -192x -171x - 250x 101x 84.4x 62x 48.3x
EV / EBIT -92.1x -79.3x -169x 661x 172x 147x 92.7x 66.8x
EV / FCF -94.2x -285x 93.6x 63x 76.1x 50.2x 38.6x 37.3x
FCF Yield -1.06% -0.35% 1.07% 1.59% 1.31% 1.99% 2.59% 2.68%
Dividend per Share 3 0.0642 0.0642 0.07 0.2 0.28 0.244 0.2828 0.3132
Rate of return 0.29% 0.19% 0.24% 0.47% 0.72% 0.69% 0.8% 0.89%
EPS 3 5.327 3.082 2.368 4.432 4.586 3.52 4.177 4.957
Distribution rate 1.21% 2.08% 2.96% 4.51% 6.11% 6.93% 6.77% 6.32%
Net sales 1 6,866 5,765 5,467 6,170 9,705 12,332 13,566 14,867
EBITDA 1 -411 -622 - 457 1,053 1,026 1,389 1,778
EBIT 1 -859 -1,338 -546 173 619 590.6 928.5 1,285
Net income 1 18,733 10,112 6,606 12,367 11,638 8,713 10,473 11,825
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 35.28 35.28 35.28
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.($)
16.65x8.13x17.36x0.25% 4,18400Cr
23.36x7.38x12.98x0.29% 1,85500Cr
28.25x13.25x20.94x0.64% 48TCr
14.53x3.88x8.97x1.4% 48TCr
18.71x5.55x16.66x-.--% 28TCr
20.59x1.49x10.26x1.03% 26TCr
94.21x12.39x66.51x-.--% 19TCr
21.41x2.45x12.44x-.--% 14TCr
3.08x86.09x2.34x0.13% 11TCr
Average 26.75x 15.62x 18.72x 0.42% 88.83TCr
Weighted average by Cap. 20.76x 8.81x 16.70x 0.36%

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