Added to YB: 2024-07-05
Pitch date: 2024-07-05
SOHU [bullish]
Sohu.com Limited
+1.24%
current return
Author Info
Company Info
Sohu.com Limited operates as an online media platform and gaming company that provides online products and services on PCs and mobile devices in China.
Market Cap
$430.5M
Pitch Price
$14.55
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.04
P/E
3.49
EV/Sales
-0.71
Sector
Entertainment
Category
special_situation
Sohu.com Limited (SOHU): Potential Upside from Offshore Cash and Gaming Profits
$SOHU: Two-business structure; struggling media/video vs. profitable gaming (Changyou). Risk: CEO's focus on loss-making media. Upside: large offshore cash hoard. Bullish at $12 post-buyback announcement. 0.8% position. Risky bet, supported by buybacks. Offshore cash enables dividends. Without buybacks, unattractive vs. Japanese net-nets.
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