Professional
Added to YB: 2020-10-01
Pitch date: 2020-10-01
ROKU [bullish]
Roku, Inc.
-44.99%
current return
Author Info
Greenhaven Road is a boutique hedge fund with the patience and confidence to step outside of the norm. Visit their website.
Company Info
Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United States and internationally.
Market Cap
$14.7B
Pitch Price
$195.37
Price Target
N/A
Dividend
N/A
EV/EBITDA
51.85
P/E
-521.08
EV/Sales
2.85
Sector
Entertainment
Category
growth
Greenhaven Road New Position - Roku ($ROKU)
ROKU: Leading TV OS, in 1/3 of US TVs. Low-cost platform adds users for <$20 with no manufacturing. Sits between 43M users & content, monetizing via ads, subscription rev share & ad inventory. Consistent ARPU growth ($24 LTM) from engagement & ad rates. Dataxu acquisition enhances ads. User growth likely from TV upgrades & cord-cutting. Widening lead over competitors like Samsung & Sony. Comcast's Peacock capitulation shows increasing power. Opportunity for user base & ARPU growth with minimal capital.
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