Professional
Added to YB: 2024-01-10
Pitch date: 2024-01-10
BABA [bullish]
Alibaba Group Holding Limited
+122.87%
current return
Author Info
No bio for this author
Company Info
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.
Market Cap
$2.5T
Pitch Price
$69.85
Price Target
120.00 (-23%)
Dividend
0.65%
EV/EBITDA
14.34
P/E
21.78
EV/Sales
2.52
Sector
Broadline Retail
Category
value
Tiger Securities maintains $120 price target on $BABA
$BABA: Tiger maintains Buy, $120 PT based on SOTP. Implies 1.6x F24 sales, 8x EBITDA, 14x PE - discount to global tech peers on country risk & lower growth. Current ~5x EBITDA valuation "just crazy". Includes Taobao/Tmall, AliCloud, Ant stake, net cash.
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