eBay (CHIX:EBAD) Intrinsic Value: Projected FCF: €34.34 (As of Aug. 27, 2026)

Author: Vera Yuan Vera Yuan
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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:EBAD eBay Inc CHIX:EBAD
85 GF Score
Price €60.22
GF Value €50.30
! 3 Warning Signs
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What is eBay Intrinsic Value: Projected FCF?

eBay CHIX:EBAD 85 Intrinsic Value: Projected FCF is €34.34 as of Aug. 27, 2026. GuruFocus rates CHIX:EBAD with a GF Score™ of 85/100 and a GF Value™ of €50.30. The stock has 3 warning signs investors should review. Among 766 Retail - Cyclical companies, eBay ranks worse than 78.2% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-27), eBay's Intrinsic Value: Projected FCF is €34.34. The stock price of eBay is €60.22. Therefore, eBay's Price-to-Intrinsic-Value-Projected-FCF of today is 1.8.

The historical rank and industry rank for eBay's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:EBAd' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.62   Med: 0.98   Max: 1.88
Current: 1.75

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of eBay was 1.88. The lowest was 0.62. And the median was 0.98.

CHIX:EBAd's Price-to-Projected-FCF is ranked worse than
78.2% of 766 companies
in the Retail - Cyclical industry
Industry Median: 0.785 vs CHIX:EBAd: 1.75

eBay  (CHIX:EBAd) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

eBay's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=60.22/53.66395413315
=1.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


eBay Intrinsic Value: Projected FCF Related Terms


eBay Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for eBay's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

eBay Intrinsic Value: Projected FCF Chart

eBay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 63.20 73.38 45.80

eBay Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.69 44.96 45.80 39.87 32.02

CHIX:EBAD vs JD, SE, CPNG: Intrinsic Value: Projected FCF Comparison

For the Internet Retail subindustry, eBay's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


eBay Price-to-Projected-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, eBay's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where eBay's Price-to-Projected-FCF falls into.


CHIX:EBAD
85GF Score
eBay Inc CHIX:EBAD
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eBay Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get eBay's Free Cash Flow(6 year avg) = €1,726.28.

eBay's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(12.267806016876*1726.28448+4049.22*0.8)/455.000
=53.66

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of €34.34 mean?
eBay (CHIX:EBAD) has a Intrinsic Value: Projected FCF of €34.34 as of Aug. 27, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on eBay and its competitors. According to the industry distribution chart, eBay ranks #599 out of 766 companies in the Retail - Cyclical industry, placing it in the top 78.2%.
Is eBay's Intrinsic Value: Projected FCF too high?
eBay's current Intrinsic Value: Projected FCF is €34.34. Based on the distribution chart, eBay ranks #599 out of 766 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, eBay has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does eBay's Intrinsic Value: Projected FCF compare to JD and SE?
According to the Retail - Cyclical industry distribution chart, eBay ranks #599 out of 766 companies for Intrinsic Value: Projected FCF. This places eBay in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Retail - Cyclical company?
The median Intrinsic Value: Projected FCF among Retail - Cyclical companies is 0.79, based on 766 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on eBay and its competitors. For the Retail - Cyclical industry, the median Intrinsic Value: Projected FCF is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eBay's current Intrinsic Value: Projected FCF is €34.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eBay stock overvalued right now?
eBay (CHIX:EBAD) has a current Intrinsic Value: Projected FCF of €34.34. The stock's GF Value™ is €50.30, compared to a current price of €60.22 — trading 19.7% above its estimated fair value. The current Intrinsic Value: Projected FCF is €34.34. eBay's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For eBay (CHIX:EBAD), the current Intrinsic Value: Projected FCF is €34.34 as of Aug. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is eBay (CHIX:EBAD) Overvalued in 2026?

Based on GuruFocus' analysis, eBay stock appears to be overvalued. The current stock price of €60.22 is trading 19.7% above its estimated GF Value™ of €50.30.

Key valuation signals for CHIX:EBAD:

  • Intrinsic Value: Projected FCF: €34.34
  • GF Value™: €50.30 vs. price of €60.22 (19.7% above fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the CHIX:EBAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eBay Business Description

Address 2025 Hamilton Avenue, San Jose, CA, USA, 95125
Founded in 1995, eBay operates one of the world's largest online marketplaces, connecting buyers and sellers across more than 190 markets. In 2025, the firm generated $11.1 billion in revenue on nearly $80 billion of gross merchandise volume, serving 135 million active buyers and 18 million active sellers (users who closed at least one transaction in the past year). The firm monetizes its marketplace primarily through transaction fees and advertising, with 52% of revenue derived from the US and the remainder from international markets. In a bid to expand its reach among Generation Z and in the recommerce sector, eBay announced the $1.2 billion acquisition of fashion resale app Depop from Etsy in early 2026.
85GF Score

Get the complete analysis for CHIX:EBAD

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€60.22
Price
€50.30
GF Value