NFLX

Netflix Inc

TMT


Presented:12/17/2019
Price:$315.48
Cap:$138.26B
Current Price:$705.98
Cap:$302.98B

Presented

Date12/17/2019
Price$315.48
Market Cap$138.26B
Ent Value$129.95B
P/E Ratio100.69x
Book Value$15.66
Div Yield0%
Shares O/S438.25M
Ave Daily Vol8,167,979
Short Int5.59%

Current

Price$705.98
Market Cap$302.98B
Netflix, Inc. is an Internet subscription service company, which provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic Streaming segment derives revenues from monthly membership fees for services consisting solely of streaming content to its members in the United States. The International Streaming segment includes fees from members outside the United States. The Domestic DVD segment covers revenues from services consisting solely of DVD-by-mail. The company was founded by Marc Randolph and Wilmot Reed Hastings Jr., on August 29, 1997 and is headquartered in Los Gatos, CA.

Publicly traded companies mentioned herein: Amazon.com Inc (AMZN), Apple Inc (AAPL), AT&T Inc (T), Comcast Corporation (CMCSA), Netflix Inc (NFLX), Walt Disney Co/The (DIS)

Highlights

The presenter is long shares of Netflix (NFLX), which has lagged the market this year amid fear of the increasing competition in the streaming industry. However, he believes that the bear case is exaggerated, and NFLX should be a big winner as the streaming war plays out next year. He also expects NFLX’s FCF to turn positive faster than investors are expecting. In his model, NFLX can grow EBIT to ~$22B in the next several years, and its market cap could double from the current level at 12x - 15x EV/EBIT multiple.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.