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META - Meta Platforms, Inc.

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Meta Platforms, Inc.

META

NASDAQ

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.

597.02 USD

24.81 (4.16%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

85.97B

117.93B

116.61B

134.9B

164.5B

194.81B

230.7B

273.2B

323.53B

383.13B

Revenue %

-

37.18

-1.12

15.69

21.94

18.42

18.42

18.42

18.42

Ebitda

39.53B

54.72B

42.24B

59.05B

86.88B

87.74B

103.9B

123.05B

145.72B

172.56B

Ebitda %

45.99

46.4

36.22

43.77

52.81

45.04

45.04

45.04

45.04

Ebit

32.67B

46.75B

33.55B

47.87B

71.38B

72.2B

85.5B

101.25B

119.9B

141.99B

Ebit %

38.01

39.65

28.78

35.49

43.39

37.06

37.06

37.06

37.06

Depreciation

6.86B

7.97B

8.69B

11.18B

15.5B

15.54B

18.41B

21.8B

25.81B

30.57B

Depreciation %

7.98

6.76

7.45

8.29

9.42

7.98

7.98

7.98

7.98

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

61.95B

48B

40.74B

65.4B

77.81B

94.87B

112.34B

133.04B

157.55B

186.58B

Total Cash %

72.07

40.7

34.94

48.48

47.3

48.7

48.7

48.7

48.7

Receivables

11.34B

14.04B

13.47B

16.17B

16.99B

22.97B

27.2B

32.21B

38.15B

45.17B

Receivables %

13.19

11.9

11.55

11.99

10.33

11.79

11.79

11.79

11.79

Inventories

-

-

-

-

-

-

-

-

-

-

Inventories %

-

-

-

-

-

-

-

-

-

Payable

1.33B

4.08B

4.99B

4.85B

7.69B

6.84B

8.1B

9.59B

11.36B

13.45B

Payable %

1.55

3.46

4.28

3.59

4.67

3.51

3.51

3.51

3.51

Cap Ex

-15.12B

-18.57B

-31.43B

-27.27B

-37.26B

-40.19B

-47.59B

-56.36B

-66.74B

-79.03B

Cap Ex %

-17.58

-15.74

-26.95

-20.21

-22.65

-20.63

-20.63

-20.63

-20.63

Weighted Average Cost Of Capital

Price

597.02

Beta

Diluted Shares Outstanding

2.61B

Costof Debt

3.92

Tax Rate

After Tax Cost Of Debt

3.46

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

49.06B

Total Equity

1.56T

Total Capital

1.61T

Debt Weighting

3.05

Equity Weighting

96.95

Wacc

9.75

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

85.97B

117.93B

116.61B

134.9B

164.5B

194.81B

230.7B

273.2B

323.53B

383.13B

Ebitda

39.53B

54.72B

42.24B

59.05B

86.88B

87.74B

103.9B

123.05B

145.72B

172.56B

Ebit

32.67B

46.75B

33.55B

47.87B

71.38B

72.2B

85.5B

101.25B

119.9B

141.99B

Tax Rate

11.75

11.75

11.75

11.75

11.75

11.75

11.75

11.75

11.75

11.75

Ebiat

28.7B

38.93B

27.01B

39.47B

62.99B

60.98B

72.21B

85.51B

101.27B

119.92B

Depreciation

6.86B

7.97B

8.69B

11.18B

15.5B

15.54B

18.41B

21.8B

25.81B

30.57B

Receivables

11.34B

14.04B

13.47B

16.17B

16.99B

22.97B

27.2B

32.21B

38.15B

45.17B

Inventories

-

-

-

-

-

-

-

-

-

-

Payable

1.33B

4.08B

4.99B

4.85B

7.69B

6.84B

8.1B

9.59B

11.36B

13.45B

Cap Ex

-15.12B

-18.57B

-31.43B

-27.27B

-37.26B

-40.19B

-47.59B

-56.36B

-66.74B

-79.03B

Ufcf

10.44B

28.38B

5.75B

20.53B

43.25B

29.51B

40.06B

47.44B

56.18B

66.53B

Wacc

9.75

9.75

9.75

9.75

9.75

Pv Ufcf

26.89B

33.26B

35.88B

38.72B

41.78B

Sum Pv Ufcf

176.51B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

9.75

Free Cash Flow T1

69.19B

Terminal Value

1.2T

Present Terminal Value

754.96B

Intrinsic Value

Enterprise Value

931.47B

Net Debt

5.17B

Equity Value

926.3B

Diluted Shares Outstanding

2.61B

Equity Value Per Share

354.36

Projected DCF

354.36 -0.685%

DCF Levered

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