Company Valuation: Robinhood Markets, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 15,268 7,218 11,017 32,937 101,698 69,405 - -
Change - -52.72% 52.63% 198.96% 208.77% -31.75% - -
Enterprise Value (EV) 1 10,642 820.2 21,798 34,140 97,437 72,068 67,288 67,926
Change - -92.29% 2,557.59% 56.62% 185.41% -26.04% -6.63% 0.95%
P/E ratio -2.37x -6.96x -20.9x 23.9x 55.2x 33.5x 28.4x 24.2x
PBR 2.1x 1.04x 1.66x 4.13x 11.4x 6.64x 5.5x -
PEG - 0.1x 0.4x -0x 1.8x 2.7x 1.6x 1.4x
Capitalization / Revenue 8.41x 5.32x 5.91x 11.2x 22.7x 12.7x 10.9x 9.46x
EV / Revenue 5.86x 0.6x 11.7x 11.6x 21.8x 13.2x 10.6x 9.25x
EV / EBITDA 312x -8.73x 40.7x 23.9x 38.6x 22.4x 17.1x 15.1x
EV / EBIT -6.48x -0.81x -40.7x 32.4x 46.5x 26x 19.4x 17.4x
EV / FCF -11.2x -0.93x - - 60x 23.4x 18.8x 15.4x
FCF Yield -8.91% -107% - - 1.67% 4.27% 5.33% 6.47%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -7.49 -1.17 -0.61 1.56 2.05 2.301 2.719 3.19
Distribution rate - - - - - - - -
Net sales 1 1,815 1,358 1,865 2,951 4,473 5,461 6,342 7,340
EBITDA 1 34.1 -94 536 1,429 2,522 3,216 3,945 4,489
EBIT 1 -1,641 -1,011 -536 1,054 2,094 2,769 3,471 3,901
Net income 1 -3,686 -1,028 -541 1,411 1,883 2,180 2,628 2,995
Net Debt 1 -4,627 -6,398 10,781 1,203 -4,261 2,663 -2,117 -1,479
Reference price 2 17.76 8.14 12.74 37.26 113.10 77.09 77.09 77.09
Nbr of stocks (in thousands) 859,706 886,761 864,782 883,976 899,189 900,308 - -
Announcement Date 27/01/22 08/02/23 13/02/24 12/02/25 10/02/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.5x13.2x22.41x-.--% 69.4B
30.36x6.22x14.75x0.98% 133B
24.53x - - -.--% 42.16B
24.23x7.26x13.63x-.--% 34.03B
14.74x3.04x7.2x3.51% 26.49B
65.27x29.43x57.78x1.42% 25.03B
-78.62x8.15x40.84x - 24.21B
14.32x0.98x1.58x-.--% 19.97B
48.16x4.36x15.6x-.--% 17.22B
6.3x1.41x4.3x-.--% 14.16B
Average 18.28x 8.23x 19.79x 0.66% 40.57B
Weighted average by Cap. 23.54x 8.58x 19.17x 0.68%

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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