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 10,698 - -
Change - -30.54% 51.68% -21.54% -10.76% -38.84% - -
Enterprise Value (EV) 1 21,227 13,769 22,467 17,086 15,023 9,555 8,733 7,631
Change - -35.13% 63.17% -23.95% -12.07% -36.4% -8.6% -12.62%
P/E 79x -173x -741x 10.9x 42.4x 45.7x 24.9x 18.7x
PBR 7.86x 5.05x 8.13x 3.62x 3.63x 3.32x 2.66x 2.14x
PEG - 1x 11.5x -0x -0.5x -1.5x 0.3x 0.6x
Capitalization / Revenue 9.2x 5.88x 8.18x 5.38x 4.14x 2.18x 1.93x 1.73x
EV / Revenue 8.23x 4.91x 7.35x 4.69x 3.56x 1.94x 1.57x 1.23x
EV / EBITDA 26.1x 31.2x 32.9x 16.6x 11.8x 6.45x 5.12x 3.89x
EV / EBIT 65.1x -135x -179x 95x 47x 35.1x 18.1x 11.7x
EV / FCF 28.5x 31.3x 37.1x 18.2x 12x 7.61x 5.67x 4.42x
FCF Yield 3.5% 3.2% 2.69% 5.5% 8.33% 13.1% 17.6% 22.6%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.46 -0.14 -0.05 2.67 0.61 0.4255 0.7814 1.043
Distribution rate - - - - - - - -
Net sales 1 2,578 2,803 3,055 3,646 4,222 4,914 5,552 6,188
EBITDA 1 814.4 441.9 683.5 1,032 1,270 1,482 1,704 1,964
EBIT 1 326.2 -101.7 -125.7 179.8 319.9 272 481.5 649.9
Net income 1 316.4 -96.05 -35.61 1,862 416.9 244.3 451 616.5
Net Debt 1 -2,480 -2,698 -2,511 -2,513 -2,467 -1,142 -1,965 -3,066
Reference price 2 36.35 24.28 37.04 29.00 25.89 19.46 19.46 19.46
Nbr of stocks (in thousands) 652,197 678,231 674,359 675,826 675,558 566,313 - -
Announcement Date 2/3/22 2/6/23 2/8/24 2/6/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.67x8.14x17.39x0.25% 4,190B
23.23x7.35x12.93x0.29% 1,847B
14.88x3.97x9.19x1.37% 494B
28.21x13.23x20.91x0.64% 483B
19.42x5.75x17.28x-.--% 290B
21.02x1.52x10.44x1.01% 267B
92.29x12.12x65.11x-.--% 191B
21.46x2.46x12.51x-.--% 140B
7.99x0.88x3.8x-.--% 111B
Average 27.24x 6.16x 18.84x 0.4% 890.34B
Weighted average by Cap. 20.78x 7.60x 16.69x 0.36%

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