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 8,862 - -
Change - -80.93% 93.07% -35.19% -23.19% -36.13% - -
Enterprise Value (EV) 1 74,269 14,241 28,079 18,331 14,471 9,339 8,230 7,202
Change - -80.83% 97.17% -34.72% -21.06% -35.46% -11.88% -12.48%
P/E -152x -10.1x -20.6x -25.6x -29.9x -80.5x 42.5x 20.7x
PBR 19.3x 5.46x 11.5x 7.43x 6.05x 4.01x 2.93x 2.18x
PEG - -0x 2.62x 0.5x 0.8x 1.1x -0x 0x
Capitalization / Revenue 18.4x 3.14x 6.05x 3.37x 2.34x 1.33x 1.18x 1.09x
EV / Revenue 18x 3.09x 6.1x 3.42x 2.44x 1.4x 1.1x 0.88x
EV / EBITDA 120x 37.7x 174x 36x 21x 7.12x 5.17x 3.81x
EV / EBIT -106x -10.2x -20.1x -23.3x -27.2x -106x 31x 14.3x
EV / FCF 333x 257x 807x 83.8x 33.1x 10.1x 6.97x 5.15x
FCF Yield 0.3% 0.39% 0.12% 1.19% 3.02% 9.87% 14.3% 19.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.89 -0.82 -0.42 -0.27 -0.0651 0.1234 0.2534
Distribution rate - - - - - - - -
Net sales 1 4,117 4,602 4,606 5,361 5,931 6,682 7,515 8,159
EBITDA 1 616.7 377.6 161.6 508.6 689.5 1,311 1,593 1,892
EBIT 1 -702.1 -1,395 -1,398 -787.3 -532.2 -88.36 265.6 502.3
Net income 1 -488 -1,430 -1,322 -697.9 -460.5 -104.8 220.8 438
Net Debt 1 -1,440 -196.6 205.3 267.6 596.3 477.5 -631.9 -1,659
Reference price 2 47.030 8.950 16.930 10.770 8.070 5.240 5.240 5.240
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 2/3/22 A 1/31/23 A 2/6/24 A 2/4/25 A 2/4/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-80.49x1.4x7.12x-.--% 8.86B
-54.75x0.44x40.02x-.--% 17.35B
61.08x5.96x10.99x - 13.44B
11.7x4.47x8.42x3.1% 7.36B
29.76x4.97x24.95x-.--% 3.63B
12.54x1.5x7.41x1.3% 2.33B
25.71x1.49x6.23x - 1.68B
6.26x1x6.23x2.94% 1.45B
138.96x6.74x50.92x - 1.37B
Average 16.75x 3.11x 18.03x 1.22% 6.39B
Weighted average by Cap. -6.55x 2.92x 20.26x 0.73%

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