Company Valuation: Pinterest, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 23,707 16,467 24,978 19,599 17,490 13,229 - -
Change - -30.54% 51.68% -21.54% -10.76% -24.36% - -
Enterprise Value (EV) 1 21,227 13,769 22,467 17,086 15,023 12,402 11,628 10,424
Change - -35.13% 63.17% -23.95% -12.07% -17.45% -6.24% -10.35%
P/E 79x -173x -741x 10.9x 42.4x 54.3x 29.3x 22.4x
PBR 7.86x 5.05x 8.13x 3.62x 3.63x 3.98x 3.19x 2.57x
PEG - 1x 11.5x -0x -0.5x -1.8x 0.3x 0.7x
Capitalization / Revenue 9.2x 5.88x 8.18x 5.38x 4.14x 2.7x 2.38x 2.14x
EV / Revenue 8.23x 4.91x 7.35x 4.69x 3.56x 2.53x 2.1x 1.69x
EV / EBITDA 26.1x 31.2x 32.9x 16.6x 11.8x 8.41x 6.83x 5.34x
EV / EBIT 65.1x -135x -179x 95x 47x 44.5x 23.6x 16x
EV / FCF 28.5x 31.3x 37.1x 18.2x 12x 9.84x 7.48x 6.03x
FCF Yield 3.5% 3.2% 2.69% 5.5% 8.33% 10.2% 13.4% 16.6%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.46 -0.14 -0.05 2.67 0.61 0.4303 0.7969 1.045
Distribution rate - - - - - - - -
Net sales 1 2,578 2,803 3,055 3,646 4,222 4,906 5,548 6,183
EBITDA 1 814.4 441.9 683.5 1,032 1,270 1,474 1,702 1,952
EBIT 1 326.2 -101.7 -125.7 179.8 319.9 278.4 492.3 652.5
Net income 1 316.4 -96.05 -35.61 1,862 416.9 246.4 465.2 615.2
Net Debt 1 -2,480 -2,698 -2,511 -2,513 -2,467 -827.1 -1,601 -2,805
Reference price 2 36.35 24.28 37.04 29.00 25.89 23.36 23.36 23.36
Nbr of stocks (in thousands) 652,197 678,231 674,359 675,826 675,558 566,313 - -
Announcement Date 2/3/22 A 2/6/23 A 2/8/24 A 2/6/25 A 2/12/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.35x4.43x10.36x1.26% 558B
20.54x6.08x18.26x-.--% 306B
23.88x2.54x13.17x-.--% 147B
11.75x8.71x99.79x0.59% 102B
33.43x3.9x25.11x-.--% 98.32B
3.67x75.15x2.72x0.15% 97.82B
29.48x5.57x15.74x-.--% 88.98B
79.71x4.68x22.86x-.--% 88.18B
9.4x3.12x48.98x0.66% 41.94B
Average 25.36x 12.69x 28.55x 0.29% 169.81B
Weighted average by Cap. 22.12x 9.40x 20.74x 0.53%

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