Financials PayPal Holdings, Inc. Buenos Aires S.E.

Equities

PYPLD

ARBCOM4601S0

Business Support Services

End-of-day quote Buenos Aires S.E. 23:00:00 23/06/2024 BST 5-day change 1st Jan Change
7.55 USD +0.13% Intraday chart for PayPal Holdings, Inc. -3.70% -2.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 127,012 274,410 221,568 81,193 66,209 62,062 - -
Enterprise Value (EV) 1 116,251 261,327 220,117 83,834 66,804 57,841 56,689 56,811
P/E ratio 52.3 x 66.2 x 53.6 x 34.1 x 16 x 16 x 13.6 x 12.2 x
Yield - - - - - - - -
Capitalization / Revenue 7.15 x 12.8 x 8.73 x 2.95 x 2.22 x 1.94 x 1.79 x 1.65 x
EV / Revenue 6.54 x 12.2 x 8.68 x 3.05 x 2.24 x 1.81 x 1.63 x 1.51 x
EV / EBITDA 24.1 x 42.7 x 30.9 x 12.5 x 8.88 x 9.37 x 8.57 x 7.78 x
EV / FCF 30.1 x 52.4 x 40.5 x 16.4 x 15.8 x 10.2 x 9.99 x 9.07 x
FCF Yield 3.32% 1.91% 2.47% 6.09% 6.32% 9.78% 10% 11%
Price to Book 7.61 x 13.7 x 10.1 x 3.99 x 3.22 x 2.84 x 2.48 x 2.1 x
Nbr of stocks (in thousands) 1,174,192 1,171,692 1,174,930 1,140,028 1,078,140 1,046,046 - -
Reference price 2 108.2 234.2 188.6 71.22 61.41 59.33 59.33 59.33
Announcement Date 29/01/20 03/02/21 01/02/22 09/02/23 07/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 17,772 21,454 25,371 27,518 29,771 32,034 34,700 37,664
EBITDA 1 4,832 6,127 7,128 6,716 7,524 6,176 6,612 7,303
EBIT 1 4,131 5,388 6,304 5,870 6,679 5,306 5,679 6,078
Operating Margin 23.24% 25.11% 24.85% 21.33% 22.43% 16.56% 16.37% 16.14%
Earnings before Tax (EBT) 1 2,998 5,065 4,099 3,366 5,411 4,984 5,661 6,137
Net income 1 2,459 4,202 4,169 2,419 4,246 3,866 4,429 4,757
Net margin 13.84% 19.59% 16.43% 8.79% 14.26% 12.07% 12.76% 12.63%
EPS 2 2.070 3.540 3.520 2.090 3.840 3.714 4.370 4.858
Free Cash Flow 1 3,857 4,988 5,432 5,107 4,220 5,656 5,675 6,263
FCF margin 21.7% 23.25% 21.41% 18.56% 14.17% 17.66% 16.35% 16.63%
FCF Conversion (EBITDA) 79.82% 81.41% 76.21% 76.04% 56.09% 91.58% 85.82% 85.75%
FCF Conversion (Net income) 156.85% 118.71% 130.3% 211.12% 99.39% 146.3% 128.13% 131.65%
Dividend per Share 2 - - - - - - - -
Announcement Date 29/01/20 03/02/21 01/02/22 09/02/23 07/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 6,918 6,483 6,806 6,846 7,383 7,040 7,287 7,418 8,026 7,699 7,805 7,961 8,575 8,280 8,437
EBITDA 1 1,717 1,554 1,516 1,743 1,903 1,813 1,771 1,859 2,081 1,608 1,447 1,476 1,654 1,653 1,602
EBIT 1 1,507 1,343 1,302 1,532 1,693 1,600 1,560 1,647 1,872 1,399 1,244 1,255 1,417 1,409 1,338
Operating Margin 21.78% 20.72% 19.13% 22.38% 22.93% 22.73% 21.41% 22.2% 23.32% 18.17% 15.94% 15.77% 16.53% 17.01% 15.86%
Earnings before Tax (EBT) 1 706 629 49 1,578 1,110 1,074 1,303 1,241 1,793 1,209 1,145 1,199 1,359 1,354 1,284
Net income 1 801 509 -341 1,330 921 795 1,029 1,020 1,402 888 897 941 1,070 1,078 1,017
Net margin 11.58% 7.85% -5.01% 19.43% 12.47% 11.29% 14.12% 13.75% 17.47% 11.53% 11.49% 11.82% 12.48% 13.02% 12.05%
EPS 2 0.6800 0.4300 -0.2900 1.150 0.8100 0.7000 0.9200 0.9300 1.290 0.8300 0.8507 0.9042 1.040 1.044 1.005
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 01/02/22 27/04/22 02/08/22 03/11/22 09/02/23 08/05/23 02/08/23 01/11/23 07/02/24 30/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 2,641 595 - - -
Net Cash position 1 10,761 13,083 1,451 - - 4,221 5,373 5,251
Leverage (Debt/EBITDA) - - - 0.3932 x 0.0791 x - - -
Free Cash Flow 1 3,857 4,988 5,432 5,107 4,220 5,656 5,675 6,263
ROE (net income / shareholders' equity) 22.8% 22.8% 20% 22.8% 27.3% 20.6% 20.6% 20.1%
ROA (Net income/ Total Assets) 5.2% 6.9% 5.7% 6.19% 7.02% 5.04% 5.17% 5.21%
Assets 1 47,332 60,856 73,091 39,082 60,460 76,687 85,672 91,353
Book Value Per Share 2 14.20 17.10 18.60 17.80 19.10 20.90 23.90 28.30
Cash Flow per Share 2 3.840 4.930 5.350 5.020 4.370 5.760 6.990 7.720
Capex 1 704 866 908 706 623 870 1,022 1,233
Capex / Sales 3.96% 4.04% 3.58% 2.57% 2.09% 2.72% 2.94% 3.27%
Announcement Date 29/01/20 03/02/21 01/02/22 09/02/23 07/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
47
Last Close Price
59.33 USD
Average target price
77.76 USD
Spread / Average Target
+31.06%
Consensus
1st Jan change Capi.
+11.83% 87.11B
-18.09% 39.72B
-25.53% 24.41B
-5.07% 18.99B
-22.31% 11.41B
-21.45% 8.86B
-22.28% 8.01B
-11.41% 7.33B
+6.14% 4.94B
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