AkhenOsiris
$FLUT $DKNG $GENI $SRAD
BTIG spoke with Flutter CEO Peter Jackson on sidelines of G2E and came away with impression that company is preparing for simultaneous launch of financial and sports contracts at some stage in 4Q25 (BTIG's read of answers rather than explicit statement made by Flutter).
We believe the company has engaged with key constituents (state regulators, tribes, etc) to form/telegraph a plan that will see the company expand into new states via prediction offerings in order to avoid impacting existing states.
h/t @TMTBreakout chat
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$FLUT $DKNG $GENI $SRAD
BTIG spoke with Flutter CEO Peter Jackson on sidelines of G2E and came away with impression that company is preparing for simultaneous launch of financial and sports contracts at some stage in 4Q25 (BTIG's read of answers rather than explicit statement made by Flutter).
We believe the company has engaged with key constituents (state regulators, tribes, etc) to form/telegraph a plan that will see the company expand into new states via prediction offerings in order to avoid impacting existing states.
h/t @TMTBreakout chat
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Offshore
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Yellowbrick Investing
Added 65 new stock write-ups to the site (pt 1):
@FullySynergized - $ALC, $SARO, $PRMB, $HSIC
@HalvioCapital (fund letter) - $MCCK, $FILA.MI, $CPH.TO, $NLOP
@karanshah137 - $SAMMAANCAP.NS (overview)
@realThomasNiel - $TBI
@Iqbal_yusuf1994 - $8326.HK https://t.co/yBSPWafD7L
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Added 65 new stock write-ups to the site (pt 1):
@FullySynergized - $ALC, $SARO, $PRMB, $HSIC
@HalvioCapital (fund letter) - $MCCK, $FILA.MI, $CPH.TO, $NLOP
@karanshah137 - $SAMMAANCAP.NS (overview)
@realThomasNiel - $TBI
@Iqbal_yusuf1994 - $8326.HK https://t.co/yBSPWafD7L
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Offshore
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Investing visuals
$AMD is now up +100% since this post.
Stock prices always catch up to fundamentals.
Congrats, shareholders! 🤝
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$AMD is now up +100% since this post.
Stock prices always catch up to fundamentals.
Congrats, shareholders! 🤝
$AMD:
🔹Revenue is up +33%
🔹Data center revenue is up +57%
🔹Free cash flow is up +92%
🔹Trades at 30x forward price/free cash flow
High growth at a reasonable price. https://t.co/uF6XuZQJlx tweet
Offshore
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Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: A quality valuation analysis on $MELI 🧘🏽♂️
•NTM P/E Ratio: 39.87x
•P/E Ratio Mean: 46.42x
As you can see, $MELI appears to be trading below fair value
Going forward, investors can receive ~16% MORE in earnings per share 🧠***
Before we get into valuation, let’s take a look at why $MELI is a great business
BALANCE SHEET✅
•Cash & Short-Term Inv: $3.98B
•Long-Term Debt: $3.43B
$MELI has a strong balance sheet, a BB+ S&P Credit Rating & 52x FFO Interest Coverage
RETURN ON CAPITAL🆗➡️✅
•2020: 3.7%
•2021: 8.1%
•2022: 14.7%
•2023: 25.7%
•2024: 23.0%
•LTM: 19.7%
RETURN ON EQUITY🆗➡️✅
•2020: (0.1%)
•2021: 5.2%
•2022: 28.7%
•2023: 40.3%
•2024: 51.5%
•LTM: 43.8%
$MELI has strong and improved return metrics, highlighting the financial efficiency of the business
REVENUES✅
•2019: $2.30B
•2024: $20.78B
•CAGR: 55.30%
FREE CASH FLOW✅
•2019: $314.29M
•2024: $7.05B
•CAGR: 86.32%
NORMALIZED EPS✅
•2019: ($3.71)
•2024: $37.69
SHARE BUYBACKS❌
•2019 Shares Outstanding: 48.69M
•LTM Shares Outstanding: 50.70M
MARGINS🆗➡️✅
•LTM Gross Margins: 51.5%
•LTM Operating Margins: 12.3%
•LTM Net Income Margins: 8.5%
***NOW TO VALUATION 🧠
As stated above, investors can expect to receive ~16% MORE in EPS
Using Benjamin Graham’s 2G rule of thumb, $MELI has to grow earnings at an 19.94% CAGR over the next several years to justify its valuation
Today, analysts anticipate 2025 - 2027 EPS growth over the next few years to be more than the (19.94%) required growth rate:
2025E: $44.33 (17.6% YoY)
2026E: $66.58 (50.2% YoY)
2027E: $89.03 (33.7% YoY)
$MELI has an ok track record of meeting analyst estimates ~2 years out, but let’s assume $MELI ends 2027 with $80.12 in EPS & see its CAGR potential assuming different multiples
40x P/E: $3204💵 … ~20.2% CAGR
38x P/E: $3044💵 … ~17.5% CAGR
36x P/E: $2884💵 … ~14.6% CAGR
34x P/E: $2724💵 … ~11.7% CAGR
As you can see, $MELI appears to have attractive return potential IF we assume >34x earnings (a multiple justified by its growth rate & moat) & 2027 EPS -10% below estimates
$MELI boasts an expansive growth trajectory, fueled by powerful network effects that should drive sustained momentum
Key factors contributing to its promising outlook include 🔑
1. Margin expansion
2. Unparalleled access to Latin America's burgeoning economy
3. Network effects & scale economies shared that produce self-reinforcing dynamics ensuring long-term competitiveness, among other things
These growth rates have to be revised down substantially for $MELI to miss the mark, even if the company grows earnings at 25% CAGR over the next 5 years, shareholders will likely end up with a great return
Today I consider $MELI a compelling consideration for investment at $2130💵
#stocks #investing
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DISCLOSURE‼️: This is NOT Investment Advice. Babylon Capital® and its representatives may have positions in the securities discussed in this post.
The information contained in this post is intended for informational purposes only and should not be construed as investment advice to meet the specific needs of any individual or situation. Past performance is no guarantee of future results.
Information contained in this post has been obtained from sources believed to be reliable, but is not guaranteed as to completeness or accuracy.
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RT @DimitryNakhla: A quality valuation analysis on $MELI 🧘🏽♂️
•NTM P/E Ratio: 39.87x
•P/E Ratio Mean: 46.42x
As you can see, $MELI appears to be trading below fair value
Going forward, investors can receive ~16% MORE in earnings per share 🧠***
Before we get into valuation, let’s take a look at why $MELI is a great business
BALANCE SHEET✅
•Cash & Short-Term Inv: $3.98B
•Long-Term Debt: $3.43B
$MELI has a strong balance sheet, a BB+ S&P Credit Rating & 52x FFO Interest Coverage
RETURN ON CAPITAL🆗➡️✅
•2020: 3.7%
•2021: 8.1%
•2022: 14.7%
•2023: 25.7%
•2024: 23.0%
•LTM: 19.7%
RETURN ON EQUITY🆗➡️✅
•2020: (0.1%)
•2021: 5.2%
•2022: 28.7%
•2023: 40.3%
•2024: 51.5%
•LTM: 43.8%
$MELI has strong and improved return metrics, highlighting the financial efficiency of the business
REVENUES✅
•2019: $2.30B
•2024: $20.78B
•CAGR: 55.30%
FREE CASH FLOW✅
•2019: $314.29M
•2024: $7.05B
•CAGR: 86.32%
NORMALIZED EPS✅
•2019: ($3.71)
•2024: $37.69
SHARE BUYBACKS❌
•2019 Shares Outstanding: 48.69M
•LTM Shares Outstanding: 50.70M
MARGINS🆗➡️✅
•LTM Gross Margins: 51.5%
•LTM Operating Margins: 12.3%
•LTM Net Income Margins: 8.5%
***NOW TO VALUATION 🧠
As stated above, investors can expect to receive ~16% MORE in EPS
Using Benjamin Graham’s 2G rule of thumb, $MELI has to grow earnings at an 19.94% CAGR over the next several years to justify its valuation
Today, analysts anticipate 2025 - 2027 EPS growth over the next few years to be more than the (19.94%) required growth rate:
2025E: $44.33 (17.6% YoY)
2026E: $66.58 (50.2% YoY)
2027E: $89.03 (33.7% YoY)
$MELI has an ok track record of meeting analyst estimates ~2 years out, but let’s assume $MELI ends 2027 with $80.12 in EPS & see its CAGR potential assuming different multiples
40x P/E: $3204💵 … ~20.2% CAGR
38x P/E: $3044💵 … ~17.5% CAGR
36x P/E: $2884💵 … ~14.6% CAGR
34x P/E: $2724💵 … ~11.7% CAGR
As you can see, $MELI appears to have attractive return potential IF we assume >34x earnings (a multiple justified by its growth rate & moat) & 2027 EPS -10% below estimates
$MELI boasts an expansive growth trajectory, fueled by powerful network effects that should drive sustained momentum
Key factors contributing to its promising outlook include 🔑
1. Margin expansion
2. Unparalleled access to Latin America's burgeoning economy
3. Network effects & scale economies shared that produce self-reinforcing dynamics ensuring long-term competitiveness, among other things
These growth rates have to be revised down substantially for $MELI to miss the mark, even if the company grows earnings at 25% CAGR over the next 5 years, shareholders will likely end up with a great return
Today I consider $MELI a compelling consideration for investment at $2130💵
#stocks #investing
___
DISCLOSURE‼️: This is NOT Investment Advice. Babylon Capital® and its representatives may have positions in the securities discussed in this post.
The information contained in this post is intended for informational purposes only and should not be construed as investment advice to meet the specific needs of any individual or situation. Past performance is no guarantee of future results.
Information contained in this post has been obtained from sources believed to be reliable, but is not guaranteed as to completeness or accuracy.
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Capital Employed
RT @capitalemployed: Anyone know when @IBKR are going to start trading South Korean stocks? 🇰🇷
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RT @capitalemployed: Anyone know when @IBKR are going to start trading South Korean stocks? 🇰🇷
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Offshore
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App Economy Insights
$AMD is now the largest holding in App Economy Portfolio. 👀
Our position started in 2017 is up 1,175% (a 12-bagger).
• Stock Idea of July (+71% since then).
• 1 of our 12 Starter Stocks (updated last week). https://t.co/jdPVZ7MUFd
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$AMD is now the largest holding in App Economy Portfolio. 👀
Our position started in 2017 is up 1,175% (a 12-bagger).
• Stock Idea of July (+71% since then).
• 1 of our 12 Starter Stocks (updated last week). https://t.co/jdPVZ7MUFd
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Offshore
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Quiver Quantitative
[UPDATE]
We recently posted a report on Marjorie Taylor Greene's purchase of Impinj stock, $PI.
It caught our eye, because it was a small company that no one in Congress had traded for years.
The stock has now risen 177% since her April 4th purchase. https://t.co/tGJEnK7fIj
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[UPDATE]
We recently posted a report on Marjorie Taylor Greene's purchase of Impinj stock, $PI.
It caught our eye, because it was a small company that no one in Congress had traded for years.
The stock has now risen 177% since her April 4th purchase. https://t.co/tGJEnK7fIj
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