Added to YB: 2024-03-18
Pitch date: 2024-03-18
BABA [bullish]
Alibaba Group Holding Limited
+121.24%
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
$70.37
Price Target
N/A
Dividend
0.65%
EV/EBITDA
14.34
P/E
21.78
EV/Sales
2.52
Sector
Broadline Retail
Category
value
Alibaba Group Holding Limited: Strategic Initiatives and Market Dynamics
BABA: Revenue recovering in 2023 despite China headwinds. Int'l commerce +44%, logistics +24% drive growth; cloud +3%, China commerce +2% lag. P/FCF at historic low of 8 (vs 20-30 range '15-'22), implying uncertainty. $25B buyback thru '27 = 20% of $180B mkt cap. SoftBank selling ended + $1 dividend.
Read full article (1 min)