Company Valuation: Tripadvisor, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,767 2,528 2,982 2,058 1,701 998.5 - -
Change - -32.89% 17.98% -30.99% -17.36% -41.28% - -
Enterprise Value (EV) 1 3,942 2,343 2,754 1,873 1,874 1,071 704.9 488
Change - -40.57% 17.56% -32% 0.04% -42.85% -34.17% -30.76%
P/E -25.2x 128x 269x 369x 47x 31.5x 15.2x 10.4x
PBR 4.77x 3.05x 3.58x 2.2x 2.58x 1.41x 1.22x 1.05x
PEG - -1x -6.3x -7.4x 0x -2.4x 0x 0.2x
Capitalization / Revenue 4.18x 1.69x 1.67x 1.12x 0.9x 0.63x 0.61x 0.6x
EV / Revenue 4.37x 1.57x 1.54x 1.02x 0.99x 0.68x 0.43x 0.29x
EV / EBITDA 39.4x 7.94x 8.25x 5.53x 5.87x 4.66x 2.85x 1.87x
EV / EBIT -30.1x 23.2x 21.9x 20.4x 23.4x 13.3x 7.34x 4.53x
EV / FCF 73x 6.81x 16x 26.8x 11.5x 5.92x 4.4x 2.75x
FCF Yield 1.37% 14.7% 6.24% 3.74% 8.7% 16.9% 22.7% 36.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.08 0.14 0.08 0.04 0.31 0.2701 0.5618 0.816
Distribution rate - - - - - - - -
Net sales 1 902 1,492 1,788 1,835 1,891 1,583 1,647 1,665
EBITDA 1 100 295 334 339 319 230 247.2 261.4
EBIT 1 -131 101 126 92 80 80.37 96.03 107.8
Net income 1 -148 20 10 5 40 34.36 63.66 98.94
Net Debt 1 175 -185 -228 -185 173 72.25 -293.7 -510.5
Reference price 2 27.260 17.980 21.530 14.770 14.560 8.520 8.520 8.520
Nbr of stocks (in thousands) 1,38,181 1,40,586 1,38,515 1,39,336 1,16,803 1,17,199 - -
Announcement Date 16/02/22 14/02/23 14/02/24 20/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
31.55x0.68x4.66x-.--% 100Cr
14.99x4.18x11.27x1.07% 12TCr
14.13x1.82x7.13x0.73% 3.14TCr
24.9x1.84x7.65x0.81% 2.52TCr
96.22x4.04x22.75x0% 440.85Cr
6.72x0.55x2.11x3.22% 303.73Cr
47.4x4.38x27.7x-.--% 187.69Cr
10.14x0.7x4.15x4.84% 146.96Cr
34.58x1.31x6.64x0.4% 146.78Cr
17.72x0.78x8.73x3.27% 91Cr
Average 29.83x 2.03x 10.28x 1.43% 1.89TCr
Weighted average by Cap. 18.47x 3.33x 10.24x 1.01%

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

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  4. Valuation Tripadvisor, Inc.