W

Wayfair Inc - Ordinary Shares - Class A

Consumer, TMT


Presented:11/03/2021
Price:$268.90
Cap:$27.94B
Current Price:$53.14
Cap:$6.56B

Presented

Date11/03/2021
Price$268.90
Market Cap$27.94B
Ent Value$39.89B
P/E Ratio86.4x
Book ValueN/A
Div Yield0%
Shares O/S103.90M
Ave Daily Vol1,369,809
Short Int26.87%

Current

Price$53.14
Market Cap$6.56B
Wayfair, Inc. engages in an online home furnishing store. It operates through the U.S. and International segments. The U.S. segment consists of amounts earned through product sales through the Company's five distinct sites in the U.S. and through websites operated by third parties in the U.S. The International segment is composed of earnings through products sales in international sites. The company was founded by Steven K. Conine and Niraj S. Shah in May 2002 and is headquartered in Boston, MA.

Publicly traded companies mentioned herein: Etsy Inc (ETSY), Shopify Inc (SHOP), Wayfair Inc (W)

Highlights

The presenter is long shares of Wayfair Inc (W), a big COVID beneficiary that saw several years of new customers pulled forward. Sales were up 55% in 2020, the company became profitable, and FCF generation was strong at $10.87 per share. Most importantly, W demonstrated that the model works with sufficient scale. Despite the stock being 3x its pre-COVID share price of $90, he sees a great business with an opportunity to be a multi-bagger from here as the home goods industry continues shifting from brick and mortar to e-commerce. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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