TOSTToast, Inc.
Is the price fair?
Neither cheap nor expensive: modest expectations priced in, but rich vs its sector.
Priced for ~9% a year FCF growth. The price demands less than its three-year revenue growth of 27% a year, expectations look modest.
Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What TOST's price assumes
Toast, Inc. trades at 39.6× earnings against 34.2× for the median Software - Infrastructure name, more expensive than its own group.
Trailing P/E · Software - Infrastructure median 34.2 · 1.16× the median: the market pays up for this one
- Price / sales
- 2.43
Price / sales · today's price, fiscal year to Dec 31, 2025
- Free cash flow yield
- 3.9%
Free cash flow yield · Software - Infrastructure median 5.3%
- Growth the price implies
- +9.1%
Growth the price implies · The price pays for +9.1% free cash flow growth a year for a decade; revenue has grown +27% a year over the last three.
Details›
- Price / booktoday's price, fiscal year to Dec 31, 2025
- 7.04
- EV / EBITtoday's price, fiscal year to Dec 31, 2025
- 46.5
- EV / salestoday's price, fiscal year to Dec 31, 2025
- 2.21
- Technology median P/E459 names
- 37.7
- Software - Infrastructure median P/E107 names
- 34.2
- Free cash flow, trailing twelve months
- $576M
- Market capitalisation
- $14.9B
- 3-year revenue growth
- +27%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Software, Infrastructure
Ranks #38 of 80 by RyuScore