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 9,014 - -
Change - -80.93% 93.07% -35.19% -23.19% -35.03% - -
Enterprise Value (EV) 1 74,269 14,241 28,079 18,331 14,471 9,492 8,382 7,355
Change - -80.83% 97.17% -34.72% -21.06% -34.41% -11.69% -12.26%
P/E -152x -10.1x -20.6x -25.6x -29.9x -81.4x 43x 21x
PBR 19.3x 5.46x 11.5x 7.43x 6.05x 4.08x 2.98x 2.22x
PEG - -0x 2.62x 0.5x 0.8x 1.1x -0x 0x
Capitalization / Revenue 18.4x 3.14x 6.05x 3.37x 2.34x 1.35x 1.2x 1.1x
EV / Revenue 18x 3.09x 6.1x 3.42x 2.44x 1.42x 1.12x 0.9x
EV / EBITDA 120x 37.7x 174x 36x 21x 7.24x 5.26x 3.89x
EV / EBIT -106x -10.2x -20.1x -23.3x -27.2x -107x 31.1x 14.6x
EV / FCF 333x 257x 807x 83.8x 33.1x 10.3x 7.1x 5.26x
FCF Yield 0.3% 0.39% 0.12% 1.19% 3.02% 9.71% 14.1% 19%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.31 -0.89 -0.82 -0.42 -0.27 -0.0655 0.1239 0.2534
Distribution rate - - - - - - - -
Net sales 1 4,117 4,602 4,606 5,361 5,931 6,679 7,509 8,159
EBITDA 1 616.7 377.6 161.6 508.6 689.5 1,311 1,592 1,892
EBIT 1 -702.1 -1,395 -1,398 -787.3 -532.2 -88.64 269.8 502.3
Net income 1 -488 -1,430 -1,322 -697.9 -460.5 -105.4 222.6 438
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 5.330 5.330 5.330
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.($)
-81.36x1.42x7.24x-.--% 9.01B
88.75x11.1x20.6x - 28.24B
-43.92x0.4x38.52x-.--% 15.87B
13.14x5.13x9.67x2.76% 8.23B
41.09x6.85x33.93x-.--% 4.91B
13.44x1.65x8.16x1.22% 2.48B
24.1x1.41x5.89x - 1.58B
6.17x0.98x6.09x2.98% 1.44B
11.81x - - - 1.14B
Average 8.14x 3.62x 16.26x 1.16% 8.1B
Weighted average by Cap. 20.29x 5.80x 21.50x 0.72%

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