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 9,132 - -
Change - -80.93% 93.07% -35.19% -23.19% -34.18% - -
Enterprise Value (EV) 1 74,269 14,241 28,079 18,331 14,471 9,676 8,501 7,473
Change - -80.83% 97.17% -34.72% -21.06% -33.14% -12.15% -12.09%
P/E -152x -10.1x -20.6x -25.6x -29.9x -82.8x 42.3x 21.3x
PBR 19.3x 5.46x 11.5x 7.43x 6.05x 4.13x 3.02x 2.24x
PEG - -0x 2.62x 0.5x 0.8x 1.1x -0x 0.2x
Capitalization / Revenue 18.4x 3.14x 6.05x 3.37x 2.34x 1.34x 1.21x 1.12x
EV / Revenue 18x 3.09x 6.1x 3.42x 2.44x 1.42x 1.13x 0.92x
EV / EBITDA 120x 37.7x 174x 36x 21x 7.37x 5.3x 3.95x
EV / EBIT -106x -10.2x -20.1x -23.3x -27.2x -109x 30.8x 14.9x
EV / FCF 333x 257x 807x 83.8x 33.1x 10.5x 7.2x 5.34x
FCF Yield 0.3% 0.39% 0.12% 1.19% 3.02% 9.53% 13.9% 18.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.89 -0.82 -0.42 -0.27 -0.0652 0.1276 0.2534
Distribution rate - - - - - - - -
Net sales 1 4,117 4,602 4,606 5,361 5,931 6,808 7,522 8,159
EBITDA 1 616.7 377.6 161.6 508.6 689.5 1,312 1,603 1,892
EBIT 1 -702.1 -1,395 -1,398 -787.3 -532.2 -89.11 276.4 502.3
Net income 1 -488 -1,430 -1,322 -697.9 -460.5 -101.2 229.9 438
Net Debt 1 -1,440 -196.6 205.3 267.6 596.3 543.7 -631.9 -1,659
Reference price 2 47.030 8.950 16.930 10.770 8.070 5.400 5.400 5.400
Nbr of stocks (in thousands) 1,609,798 1,613,101 1,646,395 1,677,206 1,719,359 1,691,198 - -
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.84x9.55x15.6x0.78% 3,779B
122.39x53.41x86.68x-.--% 449B
20.74x5.91x10.35x1.45% 418B
246.44x21.98x64.36x-.--% 318B
2627.4x44.03x141.84x-.--% 270B
26.23x5.26x16.59x1.45% 242B
84.11x8.16x21.85x-.--% 134B
56.9x15.32x40.35x-.--% 129B
19.51x12.46x14.84x-.--% 102B
Average 358.84x 19.57x 45.83x 0.41% 649.08B
Weighted average by Cap. 166.90x 14.90x 29.89x 0.67%

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