NasdaqGS:EBAY

Stock Analysis Report

Executive Summary

eBay Inc. operates commerce platforms connecting various buyers and sellers worldwide.

Snowflake

Fundamentals

Acceptable track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has eBay's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.1%

EBAY

3.2%

US Online Retail

1.8%

US Market


1 Year Return

23.9%

EBAY

9.1%

US Online Retail

7.3%

US Market

Return vs Industry: EBAY exceeded the US Online Retail industry which returned 9.1% over the past year.

Return vs Market: EBAY exceeded the US Market which returned 7.3% over the past year.


Shareholder returns

EBAYIndustryMarket
7 Day3.1%3.2%1.8%
30 Day-3.6%-2.0%-0.7%
90 Day-2.8%-4.4%0.06%
1 Year25.3%23.9%9.2%9.1%9.7%7.3%
3 Year36.2%34.7%81.6%81.4%46.3%36.9%
5 Year84.9%-23.0%176.3%164.6%64.5%46.5%

Price Volatility Vs. Market

How volatile is eBay's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is eBay undervalued compared to its fair value and its price relative to the market?

14.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: EBAY ($39.09) is trading above our estimate of fair value ($34.43)

Significantly Undervalued: EBAY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EBAY is good value based on its PE Ratio (14.9x) compared to the Online Retail industry average (33.1x).

PE vs Market: EBAY is good value based on its PE Ratio (14.9x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: EBAY is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: EBAY is overvalued based on its PB Ratio (8x) compared to the US Online Retail industry average (2.5x).


Next Steps

Future Growth

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

6.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EBAY's forecast earnings growth (6.9% per year) is above the savings rate (2.7%).

Earnings vs Market: EBAY's earnings (6.9% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: EBAY's earnings are forecast to grow, but not significantly.

Revenue vs Market: EBAY's revenue (5.4% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: EBAY's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: EBAY's Return on Equity is forecast to be very high in 3 years time (74.9%).


Next Steps

Past Performance

How has eBay performed over the past 5 years?

9.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EBAY has become profitable over the past 5 years, growing earnings by 9.8% per year.

Accelerating Growth: EBAY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EBAY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (-15.1%).


Return on Equity

High ROE: Whilst EBAY's Return on Equity (58.62%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets

ROA vs Industry: EBAY has a higher Return on Assets than the Online Retail industry average last year.


Return on Capital Employed

ROCE Improving: EBAY has improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is eBay's financial position?


Financial Position Analysis

Short Term Liabilities: EBAY's short term assets ($6.8B) exceeds its short term liabilities ($5.2B)

Long Term Liabilities: EBAY's short term assets (6.8B) do not cover its long term liabilities (11.9B)


Debt to Equity History and Analysis

Debt Level: EBAY's debt to equity ratio (226%) is considered high

Reducing Debt: EBAY's debt to equity ratio has increased from 27.3% to 226% over the past 5 years.

Debt Coverage: EBAY's debt is well covered by operating cash flow (33.2%).

Interest Coverage: EBAY's interest payments on its debt are well covered by EBIT (20.4x coverage).


Balance Sheet

Inventory Level: EBAY has a low level of unsold assets or inventory.

Debt Coverage by Assets: EBAY's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

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

1.43%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%1.5%markettop25%3.7%industryaverage1.0%forecastin3Years1.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: EBAY's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: EBAY's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (3.72%).

Stable Dividend: Too early to tell whether EBAY's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if EBAY's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.7%), EBAY's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EBAY's dividends in 3 years are forecast to be thoroughly covered by earnings (14% payout ratio).


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Scott Schenkel (51yo)

0.08yrs

Tenure

US$8,573,568

Compensation

Mr. Scott F. Schenkel is Interim Chief Executive Officer of eBay Inc. since September 2019. Mr. Schenkel served as the Chief Financial Officer and Senior Vice President at eBay Inc. since July 17, 2015 unt ...


CEO Compensation Analysis

Compensation vs. Market: Scott has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.6yrs

Average Tenure

53yo

Average Age

Experienced Management: EBAY's management team is considered experienced (3.6 years average tenure).


Board Age and Tenure

4.7yrs

Average Tenure

60.5yo

Average Age

Experienced Board: EBAY's board of directors are considered experienced (4.7 years average tenure).


Insider Trading

Insider Buying: EBAY insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

BuyUS$232,73607 Aug 19
Matthew Murphy
EntityIndividual
Shares6,000
Max PriceUS$38.79
SellUS$2,016,98205 Aug 19
Jae Lee
EntityIndividual
Role
Senior Key Executive
Senior VP & GM of Markets
Shares48,111
Max PriceUS$41.92
SellUS$786,74402 Aug 19
Brian Doerger
EntityIndividual
Role
Chief Accounting Officer
VP & Chief Accounting Officer
Shares19,014
Max PriceUS$41.38
SellUS$354,90025 Jul 19
Wendy Jones
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Global Operations
Shares8,711
Max PriceUS$40.74
SellUS$255,47724 Jul 19
Kristin Yetto
EntityIndividual
Role
Head of Human Resources
Senior VP & Chief People Officer
Shares6,254
Max PriceUS$40.85
SellUS$941,12920 May 19
Kristin Yetto
EntityIndividual
Role
Head of Human Resources
Senior VP & Chief People Officer
Shares25,156
Max PriceUS$37.41
SellUS$541,82607 May 19
Brian Doerger
EntityIndividual
Role
Chief Accounting Officer
VP & Chief Accounting Officer
Shares14,237
Max PriceUS$38.06
SellUS$787,10107 May 19
Stephen Fisher
EntityIndividual
Shares20,587
Max PriceUS$38.23
SellUS$1,054,81029 Apr 19
Kristin Yetto
EntityIndividual
Role
Head of Human Resources
Senior VP & Chief People Officer
Shares27,512
Max PriceUS$38.34
SellUS$1,025,81129 Apr 19
Wendy Jones
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Global Operations
Shares26,933
Max PriceUS$38.09
SellUS$504,21129 Apr 19
Marie Huber
EntityIndividual
Role
Chief Legal Officer
Senior VP of Legal Affairs
Shares13,239
Max PriceUS$38.09
SellUS$3,453,72026 Apr 19
Scott Schenkel
EntityIndividual
Role
Chief Executive Officer
Interim Chief Executive Officer
Shares89,707
Max PriceUS$38.50
SellUS$349,34706 Feb 19
Brian Doerger
EntityIndividual
Role
Chief Accounting Officer
VP & Chief Accounting Officer
Shares10,185
Max PriceUS$34.30
SellUS$983,55801 Dec 18
Jae Lee
EntityIndividual
Role
Senior Key Executive
Senior VP & GM of Markets
Shares33,652
Max PriceUS$29.49
SellUS$1,037,34728 Nov 18
Pierre Omidyar
EntityIndividual
Role
Member of the Board of Directors
Founder & Independent Director
Shares36,000
Max PriceUS$28.82
SellUS$99,47321 Nov 18
Brian Doerger
EntityIndividual
Role
Chief Accounting Officer
VP & Chief Accounting Officer
Shares3,526
Max PriceUS$28.21

Ownership Breakdown


Management Team

  • Marie Huber (58yo)

    Senior VP of Legal Affairs

    • Tenure: 0yrs
    • Compensation: US$7.75m
  • Jay Lee (54yo)

    Senior VP & GM of Markets

    • Tenure: 4.3yrs
    • Compensation: US$6.03m
  • Vladimir Dolgov

    Head of Russian Marketplaces Business

    • Tenure: 7.3yrs
  • Mazen Al-Rawashdeh (53yo)

    Senior VP & CTO

    • Tenure: 0.3yrs
  • Wendy Jones (53yo)

    Senior Vice President of Global Operations

    • Tenure: 3yrs
    • Compensation: US$11.79m
  • Brian Doerger (46yo)

    VP & Chief Accounting Officer

    • Tenure: 7.4yrs
  • Scott Schenkel (51yo)

    Interim Chief Executive Officer

    • Tenure: 0.08yrs
    • Compensation: US$8.57m
  • Kristin Yetto (52yo)

    Senior VP & Chief People Officer

    • Tenure: 4.3yrs
  • Joe Billante

    Vice President of Investor Relations

    • Tenure: 0yrs
  • Andy Cring

    Interim Chief Financial Officer

    • Tenure: 0.08yrs

Board Members

  • Fred Anderson (75yo)

    Independent Director

    • Tenure: 16.3yrs
    • Compensation: US$371.75k
  • Pierre Omidyar (52yo)

    Founder & Independent Director

    • Tenure: 23.4yrs
    • Compensation: US$24.00k
  • Bob Swan (59yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$330.00k
  • Paul Pressler (62yo)

    Independent Director

    • Tenure: 4.1yrs
    • Compensation: US$359.32k
  • Perry Traquina (62yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$358.00k
  • Thomas Tierney (65yo)

    Non Executive Chairman of the Board

    • Tenure: 4.3yrs
    • Compensation: US$554.25k
  • Tony Bates (52yo)

    Independent Director

    • Tenure: 4.6yrs
    • Compensation: US$344.25k
  • Bonnie Hammer (68yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$344.25k
  • Katie Mitic (49yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: US$369.25k
  • Logan Green (35yo)

    Independent Director

    • Tenure: 3.3yrs
    • Compensation: US$340.00k

Company Information

eBay Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: eBay Inc.
  • Ticker: EBAY
  • Exchange: NasdaqGS
  • Founded: 1995
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: US$32.787b
  • Shares outstanding: 838.76m
  • Website: https://www.ebayinc.com

Number of Employees


Location

  • eBay Inc.
  • 2025 Hamilton Avenue
  • San Jose
  • California
  • 95125
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EBAYNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 1998
EBAY *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNSep 1998
EBADB (Deutsche Boerse AG)YesCommon StockDEEURSep 1998
EBAYSWX (SIX Swiss Exchange)YesCommon StockCHCHFSep 1998
EBAXTRA (XETRA Trading Platform)YesCommon StockDEEURSep 1998
EBAYSNSE (Santiago Stock Exchange)YesCommon StockCLUSDSep 1998
EBAYWBAG (Wiener Boerse AG)YesCommon StockATEURSep 1998
EBAY34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 0.5 COM USD0.001BRBRLMar 2012
EBAYBASE (Buenos Aires Stock Exchange)CEDEAR EA REP 1 SHRARARSJan 2014

Biography

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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 23:35
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.