Company Valuation: Snap Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 75,709 14,437 27,873 18,064 13,875 9,166 - -
Change - -80.93% 93.07% -35.19% -23.19% -33.94% - -
Enterprise Value (EV) 1 74,269 14,241 28,079 18,331 14,471 9,644 8,534 7,507
Change - -80.83% 97.17% -34.72% -21.06% -33.36% -11.5% -12.04%
P/E -152x -10.1x -20.6x -25.6x -29.9x -83.3x 43.9x 21.4x
PBR 19.3x 5.46x 11.5x 7.43x 6.05x 4.15x 3.03x 2.25x
PEG - -0x 2.62x 0.5x 0.8x 1.1x -0x 0x
Capitalization / Revenue 18.4x 3.14x 6.05x 3.37x 2.34x 1.37x 1.22x 1.12x
EV / Revenue 18x 3.09x 6.1x 3.42x 2.44x 1.44x 1.14x 0.92x
EV / EBITDA 120x 37.7x 174x 36x 21x 7.35x 5.36x 3.97x
EV / EBIT -106x -10.2x -20.1x -23.3x -27.2x -109x 32.1x 14.9x
EV / FCF 333x 257x 807x 83.8x 33.1x 10.5x 7.23x 5.36x
FCF Yield 0.3% 0.39% 0.12% 1.19% 3.02% 9.56% 13.8% 18.6%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.89 -0.82 -0.42 -0.27 -0.0651 0.1234 0.2534
Distribution rate - - - - - - - -
Net sales 1 4,117 4,602 4,606 5,361 5,931 6,682 7,515 8,159
EBITDA 1 616.7 377.6 161.6 508.6 689.5 1,311 1,593 1,892
EBIT 1 -702.1 -1,395 -1,398 -787.3 -532.2 -88.36 265.6 502.3
Net income 1 -488 -1,430 -1,322 -697.9 -460.5 -104.8 220.8 438
Net Debt 1 -1,440 -196.6 205.3 267.6 596.3 477.5 -631.9 -1,659
Reference price 2 47.030 8.950 16.930 10.770 8.070 5.420 5.420 5.420
Nbr of stocks (in thousands) 16,09,798 16,13,101 16,46,395 16,77,206 17,19,359 16,91,198 - -
Announcement Date 03/02/22 31/01/23 06/02/24 04/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-54.62x0.44x39.92x-.--% 1.73TCr
62.61x6.1x11.21x - 1.38TCr
-83.26x1.44x7.35x-.--% 916.63Cr
11.9x4.56x8.59x3.04% 748.58Cr
29.46x4.91x24.67x-.--% 358.79Cr
12.56x1.5x7.42x1.3% 232.9Cr
25.69x1.49x6.22x - 167.08Cr
6.38x1.03x6.43x2.88% 147.81Cr
Average 1.34x 2.68x 13.98x 1.2% 710.03Cr
Weighted average by Cap. -10.03x 2.89x 19.41x 0.73%

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