Added to YB: 2024-08-19
Pitch date: 2024-08-16
ABNB [bullish]
Airbnb, Inc.
+9.8%
current return
Author Info
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Company Info
Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide.
Market Cap
$69.3B
Pitch Price
$116.93
Price Target
N/A
Dividend
N/A
EV/EBITDA
21.15
P/E
27.24
EV/Sales
5.01
Sector
Hotels, Restaurants and Leisure
Category
growth
Airbnb: The Sharing Economy Poster Child
ABNB: Scalable platform w/ strong network effect & brand. 20% 5yr rev CAGR, 13.5% take rate. Asset-light model w/ high FCF (44% ROIC in 2023). $11B cash, $2B debt. Slowdown in 2024 (8-10% Q3 growth), but long-term growth potential in underpenetrated markets. Founder-led, solid capital allocation. Trading at 16x P/E, 5.7% FCF yield.
Read full article (13 min)