Stock Analysis on Net

Yahoo! Inc. (NASDAQ:YHOO)

This company has been moved to the archive! The financial data has not been updated since May 9, 2017.

Common Stock Valuation Ratios (Price Multiples)

Microsoft Excel

Current Valuation Ratios

Yahoo! Inc., current price multiples

Microsoft Excel
Yahoo! Inc. Accenture PLC Adobe Inc. International Business Machines Corp. Intuit Inc. Microsoft Corp. Oracle Corp. Palo Alto Networks Inc. Salesforce Inc. ServiceNow Inc. Synopsys Inc.
Selected Financial Data
Current share price (P) $49.49
No. shares of common stock outstanding 958,198,997
 
Earnings per share (EPS) $-0.22
Operating profit per share $-0.67
Sales per share $5.39
Book value per share (BVPS) $32.40
Valuation Ratios (Price Multiples)
Price to sales (P/S) 9.17 3.40 11.65 2.83 12.67 14.75 6.91 13.32 8.38 17.42 14.92
Price to book value (P/BV) 1.53 8.49 13.69 7.77 10.54 15.16 321.75 52.51 4.90 20.49 14.18

Based on: 10-K (reporting date: 2016-12-31).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

Yahoo! Inc., historical price multiples

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Price to earnings (P/E) 5.51 28.57 6.12
Price to operating profit (P/OP) 289.99 66.17 42.66
Price to sales (P/S) 8.56 6.06 8.98 8.34 4.85
Price to book value (P/BV) 1.42 1.04 1.07 2.99 1.66

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Yahoo! Inc. P/S ratio decreased from 2014 to 2015 but then increased from 2015 to 2016 not reaching 2014 level.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Yahoo! Inc. P/BV ratio decreased from 2014 to 2015 but then increased from 2015 to 2016 exceeding 2014 level.

Price to Earnings (P/E)

Yahoo! Inc., historical P/E calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1 956,487,217 946,811,547 936,120,954 1,009,392,339 1,101,295,389
Selected Financial Data (US$)
Net income (loss) attributable to Yahoo! Inc. (in thousands) (214,321) (4,359,082) 7,521,731 1,366,281 3,945,479
Earnings per share (EPS)2 -0.22 -4.60 8.03 1.35 3.58
Share price1, 3 46.24 31.79 44.28 38.67 21.94
Valuation Ratio
P/E ratio4 5.51 28.57 6.12
Benchmarks
P/E Ratio, Competitors5
Accenture PLC
Adobe Inc.
International Business Machines Corp.
Intuit Inc.
Microsoft Corp.
Oracle Corp.
Palo Alto Networks Inc.
Salesforce Inc.
ServiceNow Inc.
Synopsys Inc.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
EPS = Net income (loss) attributable to Yahoo! Inc. ÷ No. shares of common stock outstanding
= -214,321,000 ÷ 956,487,217 = -0.22

3 Closing price as at the filing date of Yahoo! Inc. Annual Report.

4 2016 Calculation
P/E ratio = Share price ÷ EPS
= 46.24 ÷ -0.22 =

5 Click competitor name to see calculations.


Price to Operating Profit (P/OP)

Yahoo! Inc., historical P/OP calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1 956,487,217 946,811,547 936,120,954 1,009,392,339 1,101,295,389
Selected Financial Data (US$)
Income (loss) from operations (in thousands) (645,058) (4,748,494) 142,942 589,926 566,368
Operating profit per share2 -0.67 -5.02 0.15 0.58 0.51
Share price1, 3 46.24 31.79 44.28 38.67 21.94
Valuation Ratio
P/OP ratio4 289.99 66.17 42.66
Benchmarks
P/OP Ratio, Competitors5
Accenture PLC
Adobe Inc.
International Business Machines Corp.
Intuit Inc.
Microsoft Corp.
Oracle Corp.
Palo Alto Networks Inc.
Salesforce Inc.
ServiceNow Inc.
Synopsys Inc.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
Operating profit per share = Income (loss) from operations ÷ No. shares of common stock outstanding
= -645,058,000 ÷ 956,487,217 = -0.67

3 Closing price as at the filing date of Yahoo! Inc. Annual Report.

4 2016 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 46.24 ÷ -0.67 =

5 Click competitor name to see calculations.


Price to Sales (P/S)

Yahoo! Inc., historical P/S calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1 956,487,217 946,811,547 936,120,954 1,009,392,339 1,101,295,389
Selected Financial Data (US$)
Revenue (in thousands) 5,169,135 4,968,301 4,618,133 4,680,380 4,986,566
Sales per share2 5.40 5.25 4.93 4.64 4.53
Share price1, 3 46.24 31.79 44.28 38.67 21.94
Valuation Ratio
P/S ratio4 8.56 6.06 8.98 8.34 4.85
Benchmarks
P/S Ratio, Competitors5
Accenture PLC
Adobe Inc.
International Business Machines Corp.
Intuit Inc.
Microsoft Corp.
Oracle Corp.
Palo Alto Networks Inc.
Salesforce Inc.
ServiceNow Inc.
Synopsys Inc.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
Sales per share = Revenue ÷ No. shares of common stock outstanding
= 5,169,135,000 ÷ 956,487,217 = 5.40

3 Closing price as at the filing date of Yahoo! Inc. Annual Report.

4 2016 Calculation
P/S ratio = Share price ÷ Sales per share
= 46.24 ÷ 5.40 = 8.56

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Yahoo! Inc. P/S ratio decreased from 2014 to 2015 but then increased from 2015 to 2016 not reaching 2014 level.

Price to Book Value (P/BV)

Yahoo! Inc., historical P/BV calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
No. shares of common stock outstanding1 956,487,217 946,811,547 936,120,954 1,009,392,339 1,101,295,389
Selected Financial Data (US$)
Total Yahoo! Inc. stockholders’ equity (in thousands) 31,049,283 29,043,537 38,741,837 13,074,909 14,560,200
Book value per share (BVPS)2 32.46 30.68 41.39 12.95 13.22
Share price1, 3 46.24 31.79 44.28 38.67 21.94
Valuation Ratio
P/BV ratio4 1.42 1.04 1.07 2.99 1.66
Benchmarks
P/BV Ratio, Competitors5
Accenture PLC
Adobe Inc.
International Business Machines Corp.
Intuit Inc.
Microsoft Corp.
Oracle Corp.
Palo Alto Networks Inc.
Salesforce Inc.
ServiceNow Inc.
Synopsys Inc.

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

1 Data adjusted for splits and stock dividends.

2 2016 Calculation
BVPS = Total Yahoo! Inc. stockholders’ equity ÷ No. shares of common stock outstanding
= 31,049,283,000 ÷ 956,487,217 = 32.46

3 Closing price as at the filing date of Yahoo! Inc. Annual Report.

4 2016 Calculation
P/BV ratio = Share price ÷ BVPS
= 46.24 ÷ 32.46 = 1.42

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Yahoo! Inc. P/BV ratio decreased from 2014 to 2015 but then increased from 2015 to 2016 exceeding 2014 level.