Company Valuation: BILL Holdings, Inc.

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,254 11,463 12,418 5,585 4,766 4,119 - -
Change - -33.56% 8.33% -55.02% -14.66% -13.57% - -
Enterprise Value (EV) 1 17,254 10,614 11,597 4,731 5,501 4,768 4,461 4,132
Change - -38.48% 9.26% -59.2% 16.25% -13.31% -6.45% -7.36%
P/E -154x -34.2x -55.4x -195x 201x 362x 37.7x 20.8x
PBR 6.84x 2.85x 3.05x 1.35x 1.22x 1.19x 1.04x 0.94x
PEG - -0x 1.6x 2.2x -1x -7.2x 0x 0.3x
Capitalization / Revenue 72.4x 17.9x 11.7x 4.33x 3.26x 2.51x 2.22x 1.96x
EV / Revenue 72.4x 16.5x 11x 3.67x 3.76x 2.91x 2.41x 1.97x
EV / EBITDA -2,518x -1,929x 87.5x 21.6x 20.6x 14.2x 10.8x 7.3x
EV / EBIT -1,414x -724x 99x 24.1x 23x 15.5x 11x 8.45x
EV / FCF -1,040x -315x 64.4x 18.3x 17.6x 13.7x 9.9x 7.53x
FCF Yield -0.1% -0.32% 1.55% 5.45% 5.68% 7.28% 10.1% 13.3%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -1.19 -3.21 -2.11 -0.27 0.23 0.1141 1.098 1.992
Distribution rate - - - - - - - -
Net sales 1 238.3 642 1,058 1,290 1,463 1,640 1,853 2,100
EBITDA 1 -6.851 -5.502 132.6 219.4 267.1 335.9 414.6 565.8
EBIT 1 -12.2 -14.66 117.1 196.2 239.5 306.6 406.8 488.9
Net income 1 -98.72 -326.4 -223.7 -28.88 23.8 6.202 105.5 206.2
Net Debt 1 - -849.2 -820.4 -853.5 734.5 648.8 341.2 12.92
Reference price 2 183.18 109.94 116.85 52.62 46.26 41.36 41.36 41.36
Nbr of stocks (in thousands) 94,190 104,268 106,270 106,137 103,027 99,597 - -
Announcement Date 8/26/21 A 8/18/22 A 8/17/23 A 8/22/24 A 8/27/25 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
362.43x2.91x14.2x-.--% 4.12B
22.2x8.52x14.17x0.96% 2,861B
93.99x37.9x63.36x-.--% 304B
126.3x40.33x127.55x0.14% 130B
85.38x17.16x37.28x-.--% 106B
465.2x20.01x80.43x-.--% 91.67B
164.63x9.59x23.69x-.--% 85.3B
36.94x1.96x15.33x-.--% 68.07B
123.9x5.18x25.62x-.--% 45.15B
-36.64x4.91x23.51x-.--% 39.63B
Average 144.43x 14.85x 42.51x 0.11% 373.43B
Weighted average by Cap. 48.83x 12.37x 24.87x 0.74%

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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