Valuation Adyen N.V.

Equities

Market Closed - Euronext Amsterdam Other stock markets 16:55:00 13/02/2026 GMT			5-day change	1st Jan Change
897.20 ^EUR	-0.68%		-20.94%	-34.75%

02-13	Bank Degroof Petercam Upgrades Adyen to Buy Rating	MT
02-13	ADYEN : Gets a Buy rating from Goldman Sachs	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	57,736	71,526	39,917	36,188	45,234	28,269	28,269	-
Change	-	23.88%	-44.19%	-9.34%	25%	-37.5%	0%	-
Enterprise Value (EV) ¹	54,998	67,052	37,821	33,344	35,473	20,250	20,011	17,008
Change	-	21.92%	-43.59%	-11.84%	6.38%	-42.91%	-1.18%	-15.01%
P/E ratio	224x	151x	70.9x	52x	48.6x	26.6x	23.1x	18.4x
PBR	47.5x	39.5x	16.6x	11.5x	10.6x	5.36x	4.34x	3.5x
PEG	-	1.9x	3.8x	2.2x	1.5x	1.9x	1.5x	0.7x
Capitalization / Revenue	84.4x	71.4x	30x	22.3x	22.7x	18.3x	9.9x	8.17x
EV / Revenue	80.4x	67x	28.4x	20.5x	17.8x	8.5x	7.01x	4.91x
EV / EBITDA	137x	106x	51.9x	44.9x	35.7x	16.2x	13.1x	8.82x
EV / EBIT	147x	113x	56.9x	50.7x	40x	18.1x	14.6x	9.8x
EV / FCF	148x	37.9x	62.3x	52.1x	41.3x	18.3x	15.3x	10.2x
FCF Yield	0.67%	2.64%	1.61%	1.92%	2.42%	5.46%	6.56%	9.81%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	8.51	15.32	18.17	22.43	29.59	33.72	38.8	48.67
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	684.2	1,002	1,330	1,626	1,996	2,364	2,855	3,461
EBITDA ¹	402.5	630	728.3	743	992.3	1,246	1,527	1,929
EBIT ¹	373.9	595	664.7	657.6	887.8	1,110	1,375	1,736
Net income ¹	261	469.7	564.1	698.3	925.2	1,063	1,232	1,544
Net Debt ¹	-2,737	-4,473	-2,096	-2,843	-9,761	-8,019	-8,259	-11,261
Reference price ²	1,905.00	2,311.50	1,288.40	1,166.60	1,437.00	897.20	897.20	897.20
Nbr of stocks (in thousands)	30,308	30,943	30,982	31,020	31,478	31,508	31,508	-
Announcement Date	10/02/21	09/02/22	08/02/23	08/02/24	13/02/25	12/02/26	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ADYEN N.V.	26.6x	8.5x	16.24x	-.--%	33.55B
INTUIT INC.	25.29x	5.15x	12.29x	1.18%	111B
ROBINHOOD MARKETS, INC.	37.3x	15.11x	26.76x	-.--%	68.47B
ROCKET COMPANIES, INC.	-148.73x	-	-	4.28%	52.6B
HITHINK ROYALFLUSH INFORMATION NETWORK CO., LTD.	69.7x	31.75x	63.41x	1.07%	26.26B
FIDELITY NATIONAL INFORMATION SERVICES, INC.	72.61x	3.34x	8.14x	3.46%	24.24B
FUTU HOLDINGS LIMITED	14.8x	1.59x	2.63x	-.--%	20.43B
AFFIRM HOLDINGS, INC.	46.31x	4.21x	15.04x	-.--%	16.59B
KASPI BANK	6.29x	1.4x	4.24x	-.--%	13.98B
CIRCLE INTERNET GROUP, INC.	-44.13x	4.46x	22.31x	-	14.14B
Average	10.60x	8.39x	19.01x	1.11%	38.14B
Weighted average by Cap.	6.71x	9.10x	19.11x	1.28%