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Weibo Corp
HKEX:9898

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Weibo Corp
HKEX:9898
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Price: 65.3 HKD -1.58% Market Closed
Market Cap: HK$15.9B

EV/EBITDA

3.1
Current
21%
Cheaper
vs 3-y average of 3.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
3.1
=
Enterprise Value
HK$12.5B
/
EBITDA
$486.4m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
3.1
=
Enterprise Value
HK$12.5B
/
EBITDA
$486.4m

Valuation Scenarios

Weibo Corp is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (3.9), the stock would be worth HK$82.47 (26% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 135%
Average Upside
509%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 3.1 HK$65.3
0%
3-Year Average 3.9 HK$82.47
+26%
5-Year Average 4.2 HK$88.73
+36%
Industry Average 38 HK$806.74
+1 135%
Country Average 28.8 HK$612.53
+838%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
HK$12.5B
/
Jan 2026
$486.4m
=
3.1
Current
HK$12.5B
/
Dec 2026
$542.8m
=
23
Forward
HK$12.5B
/
Dec 2027
$566.7m
=
22
Forward
HK$12.5B
/
Dec 2028
$616.7m
=
20.3
Forward
HK$12.5B
/
Dec 2029
$602m
=
20.7
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
CN
Weibo Corp
HKEX:9898
16.2B HKD 3.1 4.5
US
Alphabet Inc
NASDAQ:GOOGL
4.2T USD 26.1 31.5
US
Meta Platforms Inc
NASDAQ:META
1.7T USD 16.5 28.1
CN
Tencent Holdings Ltd
HKEX:700
4.5T HKD 12.6 17
CN
Baidu Inc
NASDAQ:BIDU
45.1B USD 8.3 55.6
NL
Nebius Group NV
NASDAQ:NBIS
37.2B USD -14 764.5 27 898.9
JP
LY Corp
XMUN:YOJ
31.6B EUR 20.4 27.6
CN
Kuaishou Technology
HKEX:1024
190.7B HKD 6.7 8.7
KR
Naver Corp
KRX:035420
32.3T KRW 8.7 16.7
JP
Z Holdings Corp
TSE:4689
2.9T JPY 14 13.6
AU
REA Group Ltd
ASX:REA
22.6B AUD 26.3 39.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
W
Weibo Corp
HKEX:9898
Average EV/EBITDA: 14.3
3.1
8%
0.4
US
Alphabet Inc
NASDAQ:GOOGL
26.1
27%
1
US
Meta Platforms Inc
NASDAQ:META
16.5
25%
0.7
CN
Tencent Holdings Ltd
HKEX:700
12.6
14%
0.9
CN
Baidu Inc
NASDAQ:BIDU
8.3
2%
4.2
NL
Nebius Group NV
NASDAQ:NBIS
Negative Multiple: -14 764.5 N/A N/A
JP
L
LY Corp
XMUN:YOJ
20.4
13%
1.6
CN
Kuaishou Technology
HKEX:1024
6.7
28%
0.2
KR
Naver Corp
KRX:035420
8.7
18%
0.5
JP
Z Holdings Corp
TSE:4689
14
13%
1.1
AU
REA Group Ltd
ASX:REA
26.3
20%
1.3
P/E Multiple
Earnings Growth PEG
CN
W
Weibo Corp
HKEX:9898
Average P/E: 2 558.3
4.5
0%
N/A
US
Alphabet Inc
NASDAQ:GOOGL
31.5
13%
2.4
US
Meta Platforms Inc
NASDAQ:META
28.1
19%
1.5
CN
Tencent Holdings Ltd
HKEX:700
17
16%
1.1
CN
Baidu Inc
NASDAQ:BIDU
55.6
66%
0.8
NL
Nebius Group NV
NASDAQ:NBIS
27 898.9
59%
472.9
JP
L
LY Corp
XMUN:YOJ
27.6
13%
2.1
CN
Kuaishou Technology
HKEX:1024
8.7
7%
1.2
KR
Naver Corp
KRX:035420
16.7
11%
1.5
JP
Z Holdings Corp
TSE:4689
13.6
13%
1
AU
REA Group Ltd
ASX:REA
39.4
8%
4.9

Market Distribution

Lower than 95% of companies in China
Percentile
5th
Based on 5 409 companies
5th percentile
3.1
Low
0 — 16.3
Typical Range
16.3 — 53.1
High
53.1 —
Distribution Statistics
China
Min 0
30th Percentile 16.3
Median 28.8
70th Percentile 53.1
Max 49 021

Weibo Corp
Glance View

In the bustling landscape of Chinese social media, Weibo Corporation stands out as a pivotal player, weaving its narrative through the threads of connectivity and digital expression. Often likened to the Western social media giant Twitter due to its microblogging format, Weibo offers its users a dynamic platform where content flows at the speed of thought. It is a vibrant ecosystem where individuals, celebrities, and a myriad of organizations engage in real-time conversations, share multimedia content, and participate in trending discussions that capture the zeitgeist of Chinese culture and society. Unlike its Western counterparts, Weibo seamlessly integrates multimedia elements and facilitates an intricate interaction model that includes trending hashtags, live video streaming, and integrated e-commerce functionalities—an essential adaptation to the unique digital preferences of its primary audience. The financial backbone of Weibo’s model is predominantly driven by advertising revenue, capitalizing on the immense traffic generated by its vast user base. By leveraging sophisticated algorithms, Weibo delivers targeted advertising solutions. This personalized approach not only enhances user engagement but also maximizes value for advertisers, making it an attractive platform for brands aiming to capture the attention of Chinese consumers. Moreover, Weibo has ventured into other revenue streams such as value-added services, where users pay for premium features or enhanced visibility on the platform. As the digital marketplace evolves, Weibo continues to adapt and innovate, aiming to deepen its penetration in both urban and rural areas while expanding its offerings to keep pace with the ever-changing tastes of China's digital populace.

Intrinsic Value
125.26 HKD
Undervaluation 48%
Intrinsic Value
Price HK$65.3
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