Loading...

eBay

Nasdaq:EBAY
Snowflake Description

Acceptable track record with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EBAY
Nasdaq
$35B
Market Cap
  1. Home
  2. US
  3. Retail
Company description

eBay Inc. operates commerce platforms connecting various buyers and sellers worldwide. The last earnings update was 60 days ago. More info.


Add to Portfolio Compare Print
EBAY Share Price and Events
7 Day Returns
2.9%
NasdaqGS:EBAY
3.4%
US Online Retail
2.2%
US Market
1 Year Returns
5.1%
NasdaqGS:EBAY
-1.5%
US Online Retail
3.8%
US Market
EBAY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
eBay (EBAY) 2.9% 10.9% 9.1% 5.1% 73.2% -20%
US Online Retail 3.4% 6.3% 3.2% -1.5% 129% 223.1%
US Market 2.2% 4.2% 4.4% 3.8% 43% 40.9%
1 Year Return vs Industry and Market
  • EBAY outperformed the Online Retail industry which returned -1.5% over the past year.
  • EBAY outperformed the Market in United States of America which returned 3.8% over the past year.
Price Volatility
EBAY
Industry
5yr Volatility vs Market
Related Companies

EBAY Value

 Is eBay undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of eBay to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for eBay.

NasdaqGS:EBAY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 34 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:EBAY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.669 (1 + (1- 21%) (28.58%))
1.701
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.7
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.701 * 5.96%)
12.87%

Discounted Cash Flow Calculation for NasdaqGS:EBAY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for eBay is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:EBAY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.87%)
2019 2,249.70 Analyst x10 1,993.23
2020 2,618.73 Analyst x11 2,055.69
2021 2,958.58 Analyst x5 2,057.71
2022 3,163.07 Analyst x3 1,949.13
2023 3,292.53 Analyst x3 1,797.62
2024 3,412.00 Est @ 3.63% 1,650.48
2025 3,526.61 Est @ 3.36% 1,511.44
2026 3,638.42 Est @ 3.17% 1,381.59
2027 3,748.96 Est @ 3.04% 1,261.28
2028 3,859.39 Est @ 2.95% 1,150.41
Present value of next 10 years cash flows $16,808.58
NasdaqGS:EBAY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $3,859.39 × (1 + 2.73%) ÷ (12.87% – 2.73%)
$39,112.11
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $39,112.11 ÷ (1 + 12.87%)10
$11,658.57
NasdaqGS:EBAY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $16,808.58 + $11,658.57
$28,467.15
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $28,467.15 / 871.53
$32.66
NasdaqGS:EBAY Discount to Share Price
Calculation Result
Value per share (USD) From above. $32.66
Current discount Discount to share price of $40.05
= -1 x ($40.05 - $32.66) / $32.66
-22.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of eBay is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for eBay's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are eBay's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:EBAY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $2.77
NasdaqGS:EBAY Share Price ** NasdaqGS (2019-06-21) in USD $40.05
United States of America Online Retail Industry PE Ratio Median Figure of 29 Publicly-Listed Online Retail Companies 33.89x
United States of America Market PE Ratio Median Figure of 3,094 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of eBay.

NasdaqGS:EBAY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:EBAY Share Price ÷ EPS (both in USD)

= 40.05 ÷ 2.77

14.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • eBay is good value based on earnings compared to the US Online Retail industry average.
  • eBay is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does eBay's expected growth come at a high price?
Raw Data
NasdaqGS:EBAY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 34 Analysts
5.8%per year
United States of America Online Retail Industry PEG Ratio Median Figure of 22 Publicly-Listed Online Retail Companies 2.15x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

NasdaqGS:EBAY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.44x ÷ 5.8%

2.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • eBay is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on eBay's assets?
Raw Data
NasdaqGS:EBAY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $5.94
NasdaqGS:EBAY Share Price * NasdaqGS (2019-06-21) in USD $40.05
United States of America Online Retail Industry PB Ratio Median Figure of 66 Publicly-Listed Online Retail Companies 2.98x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.81x
NasdaqGS:EBAY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:EBAY Share Price ÷ Book Value per Share (both in USD)

= 40.05 ÷ 5.94

6.74x

* Primary Listing of eBay.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • eBay is overvalued based on assets compared to the US Online Retail industry average.
X
Value checks
We assess eBay's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. eBay has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EBAY Future Performance

 How is eBay expected to perform in the next 1 to 3 years based on estimates from 34 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is eBay expected to grow at an attractive rate?
  • eBay's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • eBay's earnings growth is positive but not above the United States of America market average.
  • eBay's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:EBAY Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:EBAY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 34 Analysts 5.8%
NasdaqGS:EBAY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 34 Analysts 5.4%
United States of America Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 26.3%
United States of America Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 16.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:EBAY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 34 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:EBAY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 13,315 3,785 2,295 7
2022-12-31 12,848 3,634 2,159 7
2021-12-31 12,528 3,506 2,071 18
2020-12-31 11,525 3,203 1,875 34
2019-12-31 10,924 2,855 1,750 34
NasdaqGS:EBAY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 10,809 2,713 2,642
2018-12-31 10,746 2,658 2,528
2018-09-30 10,216 2,413 -831
2018-06-30 10,065 2,732 -1,031
2018-03-31 10,204 3,059 -1,641
2017-12-31 9,927 3,146 -1,013
2017-09-30 9,615 2,778 7,532
2017-06-30 9,334 2,703 7,430
2017-03-31 9,145 2,767 7,838
2016-12-31 9,298 2,826 7,285
2016-09-30 8,906 3,246 1,860
2016-06-30 8,788 3,130 1,987

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • eBay's earnings are expected to grow by 5.8% yearly, however this is not considered high growth (20% yearly).
  • eBay's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:EBAY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 34 Analyst Estimates (S&P Global) See Below

All data from eBay Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:EBAY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 3.14 4.17 2.19 5.00
2022-12-31 2.83 3.51 2.13 5.00
2021-12-31 2.60 3.14 2.05 12.00
2020-12-31 2.30 3.13 1.85 23.00
2019-12-31 2.01 2.14 1.73 24.00
NasdaqGS:EBAY Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 2.77
2018-12-31 2.58
2018-09-30 -0.83
2018-06-30 -1.01
2018-03-31 -1.57
2017-12-31 -0.95
2017-09-30 6.97
2017-06-30 6.77
2017-03-31 7.04
2016-12-31 6.43
2016-09-30 1.61
2016-06-30 1.69

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • eBay is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess eBay's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
eBay has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EBAY Past Performance

  How has eBay performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare eBay's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • eBay's year on year earnings growth rate has been positive over the past 5 years.
  • eBay has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • eBay has become profitable in the last year making it difficult to compare the US Online Retail industry average.
Earnings and Revenue History
eBay's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from eBay Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:EBAY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 10,809.00 2,642.00 4,423.00 1,248.00
2018-12-31 10,746.00 2,528.00 4,436.00 1,285.00
2018-09-30 10,216.00 -831.00 3,934.00 1,310.00
2018-06-30 10,065.00 -1,031.00 3,807.00 1,319.00
2018-03-31 10,204.00 -1,641.00 4,041.00 1,280.00
2017-12-31 9,927.00 -1,013.00 3,908.00 1,224.00
2017-09-30 9,615.00 7,532.00 3,717.00 1,199.00
2017-06-30 9,334.00 7,430.00 3,568.00 1,171.00
2017-03-31 9,145.00 7,838.00 3,414.00 1,153.00
2016-12-31 9,298.00 7,285.00 3,590.00 1,114.00
2016-09-30 8,906.00 1,860.00 3,266.00 1,051.00
2016-06-30 8,788.00 1,987.00 3,214.00 1,004.00
2016-03-31 8,668.00 1,980.00 3,313.00 941.00
2015-12-31 8,592.00 1,947.00 3,389.00 923.00
2015-09-30 8,593.00 2,153.00 3,310.00 930.00
2015-06-30 8,644.00 2,117.00 3,365.00 935.00
2015-03-31 6,854.00 1,879.00 2,864.00 757.00
2014-12-31 8,790.00 -865.00 3,331.00 983.00
2014-09-30 10,997.00 -744.00 3,791.00 1,197.00
2014-06-30 12,739.00 -564.00 4,134.00 1,384.00
2014-03-31 16,296.00 -116.00 4,886.00 1,781.00
2013-12-31 8,257.00 2,067.00 3,024.00 915.00
2013-09-30 15,510.00 2,756.00 4,694.00 1,734.00
2013-06-30 15,022.00 2,664.00 4,619.00 1,690.00
2013-03-31 14,543.00 2,716.00 4,536.00 1,633.00
2012-12-31 14,072.00 2,609.00 4,480.00 1,573.00
2012-09-30 13,459.00 3,838.00 4,269.00 1,501.00
2012-06-30 13,021.00 3,732.00 4,129.00 1,431.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst eBay made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • eBay used its assets more efficiently than the US Online Retail industry average last year based on Return on Assets.
  • eBay has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess eBay's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
eBay has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EBAY Health

 How is eBay's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up eBay's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • eBay is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • eBay's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of eBay's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from eBay Company Filings, last reported 2 months ago.

NasdaqGS:EBAY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5,203.00 9,975.00 4,441.00
2018-12-31 6,281.00 9,241.00 4,915.00
2018-09-30 6,929.00 9,248.00 4,838.00
2018-06-30 7,146.00 9,241.00 4,007.00
2018-03-31 7,596.00 9,256.00 4,806.00
2017-12-31 8,049.00 10,015.00 5,863.00
2017-09-30 11,283.00 9,998.00 6,030.00
2017-06-30 11,474.00 11,466.00 9,017.00
2017-03-31 11,595.00 8,966.00 6,754.00
2016-12-31 10,539.00 8,960.00 7,149.00
2016-09-30 6,819.00 9,031.00 8,045.00
2016-06-30 6,453.00 9,054.00 8,086.00
2016-03-31 6,317.00 9,036.00 8,013.00
2015-12-31 6,576.00 6,749.00 6,131.00
2015-09-30 6,492.00 7,439.00 5,301.00
2015-06-30 19,805.00 7,622.00 10,554.00
2015-03-31 19,538.00 7,663.00 9,679.00
2014-12-31 19,906.00 7,627.00 7,835.00
2014-09-30 19,810.00 7,606.00 10,391.00
2014-06-30 18,970.00 5,321.00 7,369.00
2014-03-31 19,609.00 4,128.00 7,844.00
2013-12-31 23,647.00 4,123.00 9,025.00
2013-09-30 22,767.00 4,531.00 10,271.00
2013-06-30 21,651.00 4,533.00 10,436.00
2013-03-31 21,112.00 4,516.00 9,402.00
2012-12-31 20,865.00 4,519.00 9,408.00
2012-09-30 19,913.00 4,518.00 9,135.00
2012-06-30 18,912.00 2,082.00 5,754.00
  • eBay's level of debt (178%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (21.1% vs 178% today).
  • Debt is well covered by operating cash flow (29.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14.4x coverage).
X
Financial health checks
We assess eBay's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. eBay has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EBAY Dividends

 What is eBay's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.4%
Current annual income from eBay dividends. Estimated to be 0.87% next year.
If you bought $2,000 of eBay shares you are expected to receive $28 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • eBay's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • eBay's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:EBAY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 34 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:EBAY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31 0.56 1.00
2022-12-31 0.56 1.00
2021-12-31 0.29 8.00
2020-12-31 0.36 13.00
2019-12-31 0.34 13.00
NasdaqGS:EBAY Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-24 0.560 1.491
2019-04-23 0.560 1.490
2019-01-30 0.560 1.533
2019-01-29 0.560 1.653

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether eBay has stable dividend payments.
  • eBay only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of eBay's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (19.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (9.8x coverage).
X
Income/ dividend checks
We assess eBay's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can eBay afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. eBay has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EBAY Management

 What is the CEO of eBay's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Devin Wenig
COMPENSATION $18,172,166
AGE 51
TENURE AS CEO 3.9 years
CEO Bio

Mr. Devin N. Wenig has been the Chief Executive Officer and President at eBay Inc. since July 17, 2015. Mr. Wenig is an Independent Director of General Motors Company since April 18, 2018. He served as the President of Global Ebay Marketplaces Business Unit at eBay Inc. since September 6, 2011 until July 2015. Mr. Wenig served as the Chief Executive Officer at Thomson Reuters (Markets) LLC. Mr. Wenig served as the Chief Executive Officer of Markets Division and President of Markets Division at Thomson Reuters Corporation of Thomson Reuters UK Limited since 2008 until July 31, 2011. He served as President of Business Divisions at Thomson Reuters UK Limited from 2003 to 2006 and served as its Chief Operating Officer since June 15, 2006 until 2008. Mr. Wenig served as President of Customer Segments at Thomson Reuters UK Limited since February 17, 2003. He served as President of Reuters Information, the global division of Reuters covering full service information and software applications since January 2001. He served as President of Reuters Investment Banking and Brokerage Division of Thomson Reuters PLC. from 2001 to 2003, which is an affiliate of Reuters Limited and Reuters America Inc. from January 2001 to February 2003. Mr. Wenig served as Managing Director of Marketing of Reuters Information since February 2000, Executive Vice President of Marketing at Reuters America and Senior Vice President of Business Development of Reuters America. From October 1998 to February 2000, he served as an Executive Vice President of Marketing of Reuters Holding Switzerland SA. He served as an Executive Director of Thomson Reuters PLC. since February 17, 2003. He served as a Corporate Counsel of Reuters America from 1993 to June 1997. He practiced law at the New York firm of Cravath, Swaine & Moore from 1991 to 1994 as a Mergers and Acquisitions attorney. Mr. Wenig served as Chairman of the Board of Directors of Nastech Pharmaceutical Co. Inc. from June 1991 to March 1999. He has been a Director of Reuters Research Inc. since February 2000. He serves as a Director of a number of Reuter’s subsidiaries and portfolio companies and NexCen Brands, Inc. He has been a Director of Instinet Group, LLC since September 2002. He serves as a Director of Predict Inc. Mr. Wenig serves as Director of New York Division at March of Dimes Foundation. He has been a Director of The Paley Center for Media since November 19, 2015. He served as a Director of MDRNA, Inc., since June 1991. He has been a Director at eBay Inc. since 2015. He served as a Director of IntraLinks Holdings, Inc. from July 1999 to February 2005. He served as Director for Third Party Data at Reuters from June 1997 to October 1998 and Marina Biotech, Inc. since June 1991. Mr. Wenig holds a B.A. degree from Union College and a J.D. degree from the Columbia University School of Law.

CEO Compensation
  • Devin's compensation has increased in line with eBay recently becoming profitable.
  • Devin's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the eBay management team in years:

3.9
Average Tenure
51
Average Age
  • The tenure for the eBay management team is about average.
Management Team

Devin Wenig

TITLE
CEO, President & Director
COMPENSATION
$18M
AGE
51
TENURE
3.9 yrs

Scott Schenkel

TITLE
Senior VP & CFO
COMPENSATION
$9M
AGE
50
TENURE
3.9 yrs

Wendy Jones

TITLE
Senior Vice President of Global Customer Experience & Operations
COMPENSATION
$12M
AGE
52
TENURE
2.7 yrs

Jay Lee

TITLE
Senior VP & GM of Markets
COMPENSATION
$6M
AGE
53
TENURE
3.9 yrs

Brian Doerger

TITLE
VP & Chief Accounting Officer
AGE
45
TENURE
7.1 yrs

Joe Billante

TITLE
Vice President of Investor Relations

Marie Huber

TITLE
Senior VP of Legal Affairs
COMPENSATION
$8M
AGE
57

Steve Wymer

TITLE
Senior VP & Chief Communications Officer
TENURE
0.4 yrs

Kristin Yetto

TITLE
Senior VP & Chief People Officer
AGE
51
TENURE
3.9 yrs

Vladimir Dolgov

TITLE
Head of Russian Marketplaces Business
TENURE
7 yrs
Board of Directors Tenure

Average tenure and age of the eBay board of directors in years:

4.3
Average Tenure
59.5
Average Age
  • The tenure for the eBay board of directors is about average.
Board of Directors

Thomas Tierney

TITLE
Non Executive Chairman of the Board
COMPENSATION
$554K
AGE
64
TENURE
3.9 yrs

Devin Wenig

TITLE
CEO, President & Director
COMPENSATION
$18M
AGE
51
TENURE
3.9 yrs

Fred Anderson

TITLE
Director
COMPENSATION
$372K
AGE
74
TENURE
15.9 yrs

Bob Swan

TITLE
Director
COMPENSATION
$330K
AGE
58
TENURE
3.9 yrs

Katie Mitic

TITLE
Director
COMPENSATION
$369K
AGE
48
TENURE
7.8 yrs

Paul Pressler

TITLE
Director
COMPENSATION
$359K
AGE
61
TENURE
3.8 yrs

Pierre Omidyar

TITLE
Founder & Independent Director
COMPENSATION
$24K
AGE
51
TENURE
23.1 yrs

Bonnie Hammer

TITLE
Director
COMPENSATION
$344K
AGE
67
TENURE
4.4 yrs

Perry Traquina

TITLE
Director
COMPENSATION
$358K
AGE
61
TENURE
4.4 yrs

Tony Bates

TITLE
Director
COMPENSATION
$344K
AGE
51
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • eBay insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. May 19 Sell Kristin Yetto Individual 16. May 19 16. May 19 -25,156 $37.41 $-941,129
07. May 19 Sell Brian Doerger Individual 03. May 19 03. May 19 -14,237 $38.06 $-541,826
07. May 19 Sell Stephen Fisher Individual 03. May 19 03. May 19 -20,587 $38.23 $-787,101
29. Apr 19 Sell Kristin Yetto Individual 26. Apr 19 26. Apr 19 -27,512 $38.34 $-1,054,810
29. Apr 19 Sell Wendy Jones Individual 25. Apr 19 25. Apr 19 -26,933 $38.09 $-1,025,811
29. Apr 19 Sell Marie Huber Individual 26. Apr 19 26. Apr 19 -13,239 $38.09 $-504,211
26. Apr 19 Sell Scott Schenkel Individual 25. Apr 19 25. Apr 19 -89,707 $38.50 $-3,453,720
06. Feb 19 Sell Brian Doerger Individual 01. Feb 19 01. Feb 19 -10,185 $34.30 $-349,347
01. Dec 18 Sell Jae Lee Individual 28. Nov 18 30. Nov 18 -33,652 $29.49 $-983,558
28. Nov 18 Sell Pierre Omidyar Individual 26. Nov 18 26. Nov 18 -36,000 $28.82 $-1,037,347
21. Nov 18 Sell Brian Doerger Individual 20. Nov 18 20. Nov 18 -3,526 $28.21 $-99,473
01. Sep 18 Sell Jae Lee Individual 29. Aug 18 29. Aug 18 -26,204 $35.08 $-919,176
13. Aug 18 Sell Kristin Yetto Individual 09. Aug 18 09. Aug 18 -10,176 $33.98 $-345,753
13. Aug 18 Sell Brian Doerger Individual 09. Aug 18 09. Aug 18 -4,811 $34.05 $-163,829
13. Aug 18 Sell Jae Lee Individual 09. Aug 18 09. Aug 18 -16,146 $33.96 $-548,304
09. Aug 18 Sell Kristin Yetto Individual 06. Aug 18 06. Aug 18 -25,240 $33.99 $-858,031
06. Aug 18 Sell Kristin Yetto Individual 03. Aug 18 03. Aug 18 -23,648 $33.54 $-793,109
25. Jul 18 Sell Wendy Jones Individual 23. Jul 18 23. Jul 18 -10,516 $33.68 $-354,179
X
Management checks
We assess eBay's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. eBay has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EBAY News

Simply Wall St News

Calculating The Fair Value Of eBay Inc. (NASDAQ:EBAY)

(NASDAQ:EBAY) by estimating the company's future cash flows and discounting them to their present value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $2.25k $2.62k $2.96k $3.16k $3.29k $3.41k $3.53k $3.64k $3.75k $3.86k Growth Rate Estimate Source Analyst x10 Analyst x11 Analyst x5 Analyst x3 Analyst x3 Est @ 3.63% Est @ 3.36% Est @ 3.17% Est @ 3.04% Est @ 2.95% Present Value ($, Millions) Discounted @ 12.88% $1.99k $2.06k $2.06k $1.95k $1.80k $1.65k $1.51k $1.38k $1.26k $1.15k Present Value of 10-year Cash Flow (PVCF)= $16.80b "Est" = FCF growth rate estimated by Simply Wall St The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. … NasdaqGS:EBAY Intrinsic value, June 14th 2019 The assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows.

Simply Wall St -

What Are Analysts Expecting From eBay Inc. (NASDAQ:EBAY) Over The Next Year?

After eBay Inc.'s (NASDAQ:EBAY) recent earnings announcement in December 2018, … analyst consensus outlook appear … with profits predicted to drop by -34% next year

Simply Wall St -

Does eBay Inc.'s (NASDAQ:EBAY) CEO Salary Reflect Performance?

First, this article will compare CEO compensation with compensation at other large companies. … How Does Devin Wenig's Compensation Compare With Similar Sized Companies. … has a market cap of US$35b, and is paying total annual CEO compensation of US$18m.

Simply Wall St -

The eBay (NASDAQ:EBAY) Share Price Is Up 51% And Shareholders Are Holding On

(NASDAQ:EBAY) shareholders have seen the share price rise 51% over three years, well in excess of the market return (38%, not including dividends). … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers)?

Simply Wall St -

How Financially Strong Is eBay Inc. (NASDAQ:EBAY)?

its financial health remains the key to continued success. … This article will examine eBay’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis

Simply Wall St -

Is Now An Opportune Moment To Examine eBay Inc. (NASDAQ:EBAY)?

Want to participate in a short research study? … led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks … As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock.

Simply Wall St -

Is eBay Inc. (NASDAQ:EBAY) A Smart Pick For Income Investors?

(NASDAQ:EBAY) has started paying a dividend to shareholders. … Does eBay tick all the boxes of a great dividend stock? … 5 questions to ask before buying a dividend stock

Simply Wall St -

Have Insiders Been Selling eBay Inc. (NASDAQ:EBAY) Shares?

The Last 12 Months Of Insider Transactions At eBay. … Senior VP & CTO Stephen Fisher made the biggest insider sale in the last 12 months … Although we don't gain confidence from insider selling, we note that this large sale was at well above current price of US$30.21

Simply Wall St -

Why eBay Inc.’s (NASDAQ:EBAY) Return On Capital Employed Looks Uninspiring

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

What Did eBay Inc's (NASDAQ:EBAY) CEO Take Home Last Year?

How Does Devin Wenig's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that eBay Inc has a market cap of US$28b, and is paying total annual CEO compensation of US$18m. … While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$1.0m

Simply Wall St -

EBAY Company Info

Description

eBay Inc. operates commerce platforms connecting various buyers and sellers worldwide. The company’s Marketplace platforms include its online marketplace at ebay.com and the eBay suite of mobile apps; and StubHub platforms comprise its online ticket platform at stubhub.com, and the StubHub mobile apps that connect fans with their favorite sporting events, shows, and artists, as well as enables them to buy and sell tickets. Its Classifieds platforms include a collection of brands, such as mobile.de, Kijiji, Gumtree, Marktplaats, eBay Kleinanzeigen, and others, which offer online classifieds to enable people find whatever they are looking for in their local communities. The company’s platforms enable users to list, buy, sell, and pay for items through various online, mobile, and offline channels that include retailers, distributors, liquidators, import and export companies, auctioneers, catalog and mail-order companies, classifieds, directories, search engines, commerce participants, shopping channels, and networks. eBay Inc. was founded in 1995 and is headquartered in San Jose, California.

Details
Name: eBay Inc.
EBAY
Exchange: NasdaqGS
Founded: 1995
$34,904,672,410
871,527,401
Website: http://www.ebayinc.com
Address: eBay Inc.
2025 Hamilton Avenue,
San Jose,
California, 95125,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS EBAY Common Stock Nasdaq Global Select US USD 24. Sep 1998
DB EBA Common Stock Deutsche Boerse AG DE EUR 24. Sep 1998
XTRA EBA Common Stock XETRA Trading Platform DE EUR 24. Sep 1998
SWX EBAY Common Stock SIX Swiss Exchange CH CHF 24. Sep 1998
WBAG EBAY Common Stock Wiener Boerse AG AT EUR 24. Sep 1998
SNSE EBAY Common Stock Santiago Stock Exchange CL USD 24. Sep 1998
BMV EBAY * Common Stock Bolsa Mexicana de Valores MX MXN 24. Sep 1998
BOVESPA EBAY34 BDR EACH REPR 0.5 COM USD0.001 Bolsa de Valores de Sao Paulo BR BRL 06. Mar 2012
BASE EBAY CEDEAR EA REP 1 SHR Buenos Aires Stock Exchange AR ARS 15. Jan 2014
Number of employees
Current staff
Staff numbers
14,000
eBay employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/23 23:36
End of day share price update: 2019/06/21 00:00
Last estimates confirmation: 2019/06/17
Last earnings filing: 2019/04/24
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.