Professional
Added to YB: 2024-07-26
Pitch date: 2024-07-19
BABA [bullish]
Alibaba Group Holding Limited
+98.62%
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
$75.57
Price Target
N/A
Dividend
0.65%
EV/EBITDA
14.34
P/E
21.78
EV/Sales
2.52
Sector
Broadline Retail
Category
value
O'Keefe Stevens Advisory New Position: Alibaba Group Holding Limited
BABA: 40% China e-comm share, 37% cloud share. AI cloud rev up triple-digits. Cheap at 10x adj EPS, 6-7x ex-cash. Risks: China-Taiwan, competition, geopolitics, VIE structure. $16.5B returned to shareholders FY24. Market share down to 40% from 78% in 2015. New CEO prioritizing user experience. Strong FCF, potential capital returns.
Read full article (2 min)