Professional
Added to YB: 2024-04-11
Pitch date: 2024-04-06
ROKU [bullish]
Roku, Inc.
+79.12%
current return
Author Info
No bio for this author
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
$60.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
51.85
P/E
-521.08
EV/Sales
2.85
Sector
Entertainment
Category
growth
Saga Partners Portfolio Holding: Roku, Inc.
ROKU: Active accts hit 80M (160M viewers), closing in on NFLX's 80M US subs. Avg viewer streams 4hrs/day. Platform rev $40/acct with profitability reached in '23 (1yr early) as ad $ recovers & costs cut. Valued like no-growth hardware biz but really a scaled CTV OS poised to take 15-30% of the $160B US TV ad & sub mkt + 2x+ upside from intl growth. At 40% CTV viewing share, current $8B mkt cap is v attractive.
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