Walt Disney Co, The Stock Research

Market Summary

USD100.13+2.03

Market Closed

2.07%

DIS Alerts

1 major insider sales recently.

DIS Stock Price

DIS RSI Chart

DIS Valuation

Market Cap

182.7B

Price/Earnings (Trailing)

55.04

Price/Sales (Trailing)

2.16

EV/EBITDA

14.22

Price/Free Cashflow

1.9K

DIS Price/Sales (Trailing)

DIS Profitability

EBT Margin

6.36%

Return on Equity

3.45%

Return on Assets

1.64%

Free Cashflow Yield

0.05%

DIS Fundamentals

DIS Revenue

Revenue (TTM)

84.4B

Revenue Y/Y

7.76%

Revenue Q/Q

16.68%

DIS Earnings

Earnings (TTM)

3.3B

Earnings Y/Y

15.85%

Earnings Q/Q

689.51%

Price Action

52 Week Range

84.07139.26

(Low)(High)

Last 7 days

6.4%

Last 30 days

1.6%

Last 90 days

15.3%

Trailing 12 Months

-27%

DIS Financial Health

Current Ratio

0.99

Debt/Equity

0.59

Debt/Cashflow

0.11

DIS Investor Care

Shares Dilution (1Y)

0.33%

Diluted EPS (TTM)

1.82

Peers (Alternatives to Walt Disney Co The)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DIS	182.7B	84.4B	1.61%	-27.00%	55.04	2.16	15.66%	7.72%
NFLX	153.9B	31.6B	10.21%	-7.77%	34.25	4.87	6.46%	-12.20%
LYV	16.2B	16.7B	-2.79%	-40.50%	54.69	0.97	166.11%	145.47%
MID-CAP
WWE	6.8B	1.3B	9.07%	46.16%	34.69	5.25	17.93%	10.25%
AMC	5.2B	3.9B	-23.74%	-79.67%	-5.32	1.32	54.73%	23.28%
MSGS	4.7B	-	1.11%	13.73%	83.42	5.31	97.57%	3.36%
TRIP	2.5B	1.5B	-7.20%	-26.77%	127.15	1.7	65.41%	113.51%
SMALL-CAP
MSGE	2.0B	2.0B	-2.94%	-29.10%	-21.66	1.05	52.20%	29.12%
CNK	1.8B	2.5B	10.13%	-14.41%	-6.57	0.73	62.51%	35.86%
SCPL	402.0M	671.0M	3.23%	31.27%	17.94	0.6	10.71%	16.06%
RDI	71.6M	205.8M	-8.96%	-24.07%	-3.15	0.35	97.60%	-232.34%
GAIA	57.8M	82.0M	-11.75%	-43.50%	-18.69	0.71	3.09%	-182.95%
CSSE	35.6M	175.2M	-51.22%	-74.97%	-0.52	0.2	85.09%	-73.73%

Financials for Walt Disney Co The

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	2.0%	84,415	82,722	81,106	76,624	72,988
S&GA Expenses	0.2%	16,428	16,388	15,974	15,042	14,387
Costs and Expenses	2.5%	77,848	75,952	74,279	70,874	67,392
EBITDA	1.0%	12,255	12,133	10,696	10,844	-
EBITDA Margin	-1.0%	0.15*	0.15*	0.14*	0.15*	-
Earnings Before Taxes	1.6%	5,370	5,285	5,199	4,075	4,203
EBT Margin	-0.4%	0.06*	0.06*	0.52*	0.05*	-
Interest Expenses	-	1,685	-	-	-	-
Net Income	5.6%	3,320	3,145	3,142	2,651	3,082
Net Income Margin	3.4%	0.04*	0.04*	0.31*	0.03*	-
Free Cahsflow	-91.1%	94.00	1,059	1,205	1,546	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-0.7%	202,124	203,631	204,074	202,453	203,311
Current Assets	-7.5%	26,912	29,098	31,422	31,427	32,913
Cash Equivalents	-27.1%	8,470	11,615	12,959	13,272	14,488
Inventory	5.1%	1,830	1,742	1,590	1,428	1,345
Net PPE	1.8%	34,200	33,596	33,583	32,917	32,681
Goodwill	0.0%	77,867	77,897	77,945	78,019	78,052
Current Liabilities	-6.9%	27,070	29,073	30,704	29,601	30,037
LT Debt, Current	5.8%	3,249	3,070	5,580	5,399	6,783
LT Debt, Non Current	-0.4%	45,128	45,299	46,022	46,624	47,349
Shareholder's Equity	1.2%	96,149	95,008	92,500	90,636	89,864
Retained Earnings	3.0%	44,955	43,636	43,462	42,032	41,547
Accumulated Depreciation	3.3%	40,641	39,356	39,089	38,783	38,505
Shares Outstanding	0.1%	1,825	1,823	1,822	1,819	-
Minority Interest	3.0%	3,986	3,871	3,933	4,023	4,446

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-12.7%	5,237	6,002	6,110	5,654	5,282
Share Based Compensation	7.6%	1,051	977	895	780	662
Cashflow From Investing	-6.1%	-5,313	-5,008	-4,958	-3,868	-3,426
Cashflow From Financing	-16.1%	-5,492	-4,729	-3,861	-4,241	-4,332
Dividend Payments	-	0.00	-	-	-	-

Risks for DIS

What is the probability of a big loss on DIS?

48.1%

Probability that Walt Disney Co The stock will be more than 20% underwater in next one year

41.9%

Probability that Walt Disney Co The stock will be more than 30% underwater in next one year.

32.7%

Probability that Walt Disney Co The stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DIS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Walt Disney Co The was unfortunately bought at previous high price.

Drawdowns

Returns for DIS

Cumulative Returns on DIS

6.7%

10-Year Cumulative Returns

1.0%

7-Year Cumulative Returns

0.5%

5-Year Cumulative Returns

1.2%

3-Year Cumulative Returns

What are the long-term rolling returns for DIS?

FIve years rolling returns for Walt Disney Co The.

Annualized Returns

Which funds bought or sold DIS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-28	Prostatis Group LLC	added	8.98	836	225,661	0.14%
2023-03-27	Neo Ivy Capital Management	new	-	741,000	741,000	0.50%
2023-03-24	PALISADE CAPITAL MANAGEMENT, LP	reduced	-2.35	-216,005	1,931,000	0.05%
2023-03-24	Freemont Management S.A.	unchanged	-	-469,560	5,473,440	0.86%
2023-03-23	ETF MANAGERS GROUP, LLC	added	3.76	-20,614	450,386	0.02%
2023-03-23	MetLife Investment Management, LLC	reduced	-1.64	-4,337,990	41,787,000	0.34%
2023-03-17	American Portfolios Advisors	reduced	-4.98	-277,309	5,219,120	0.22%
2023-03-15	B. Riley Wealth Advisors, Inc.	reduced	-7.16	-1,593,680	9,361,320	0.26%
2023-03-13	Claro Advisors LLC	added	6.29	-22,622	1,003,380	0.33%
2023-03-10	MATHER GROUP, LLC.	reduced	-5.18	-102,373	706,627	0.01%

Latest Funds Activity

Are funds buying DIS calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own DIS

No. of Funds

DIS Alerts

1 major insider sales recently.

Walt Disney Co The News

Front Office Sports

Pac-12 Feeling the Squeeze As Media Rights Options Diminish.

Front Office Sports,

43 days ago

BNN Bloomberg

Disney to cut 7,000 jobs as Bob Iger seeks US$5.5B in savings.

BNN Bloomberg,

51 days ago

Barchart

Markets Today: Stocks Fall on Mixed Corporate Earnings Results.

Barchart,

52 days ago

The Business Journals

Disney urges shareholders to reject bid by investor Nelson Peltz ....

The Business Journals,

58 days ago

Front Office Sports

WWE Hires Outside Advisors For Potential Sale, Rights Talks.

Front Office Sports,

2 months ago

Seeking Alpha

Buy 4 January Dogs Of The Dow, Watch 4 More.

Seeking Alpha,

2 months ago

BNN Bloomberg

Disney closes at lowest since 2020 after tepid 'Avatar' debut.

BNN Bloomberg,

3 months ago

Investopedia

Top Disney Shareholders.

Investopedia,

4 months ago

Investopedia

Disney Ousts CEO, Puts Iger Back in Charge.

Investopedia,

4 months ago

Seeking Alpha

Trading The Top 10 Stocks From 40 Large Hedge Funds: Trading ....

Seeking Alpha,

7 months ago

Investopedia

Disney Earnings: What Happened with DIS.

Investopedia,

7 months ago

Investopedia

Disney Earnings: What Happened with DIS.

Investopedia,

10 months ago

Investopedia

Disney Earnings: What Happened with DIS.

Investopedia,

13 months ago

Front Office Sports

Amazon Aims To Take 'ManningCast' Away From ESPN.

Front Office Sports,

15 months ago

Investopedia

Disney Earnings: What Happened with DIS.

Investopedia,

16 months ago

Bloomberg

'Halloween Kills' Carves Out $50.4 Million At Box Office.

Bloomberg,

17 months ago

Schedule 13G FIlings of Walt Disney Co The

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	8.02%	146,328,509	SC 13G/A
Feb 07, 2023	blackrock inc.	6.6%	120,970,214	SC 13G/A
Feb 03, 2022	blackrock inc.	6.4%	116,787,053	SC 13G/A
Feb 10, 2021	vanguard group inc	8.05%	145,755,712	SC 13G/A
Feb 05, 2021	blackrock inc.	6.4%	116,530,126	SC 13G/A
Feb 12, 2020	vanguard group inc	7.44%	134,187,294	SC 13G
Feb 10, 2020	blackrock inc.	6.3%	112,655,989	SC 13G/A

DIS Fair Value

Walt Disney Co The fair value in different scenarios

The table shows the Fair Value estimates for Walt Disney Co The for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	47.08 -52.98%	65.83 -34.26%	91.67 -8.45%	115.63 15.48%	137.54 37.36%
Current Inflation	43.43 -56.63%	59.51 -40.57%	81.27 -18.84%	101.27 1.14%	119.55 19.39%
Very High Inflation	38.89 -61.16%	51.87 -48.20%	69.00 -31.09%	84.57 -15.54%	98.81 -1.32%

Historical Walt Disney Co The Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Walt Disney Co The

View All Filings

Date Filed	Form Type	Document
Mar 22, 2023	4	Insider Trading
Mar 15, 2023	DEFA14A	DEFA14A
Mar 15, 2023	PX14A6G	PX14A6G
Mar 13, 2023	8-K	Current Report
Mar 10, 2023	PX14A6G	PX14A6G
Mar 09, 2023	4	Insider Trading
Mar 09, 2023	4	Insider Trading
Mar 07, 2023	8-K	Current Report
Feb 22, 2023	4	Insider Trading
Feb 13, 2023	DEFR14A	DEFR14A

Latest Insider Trading transactions for DIS

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-21	WOODFORD BRENT	sold	-108,444	95.21	-1,139	evp, control, fin plan & tax
2023-03-08	WOODFORD BRENT	acquired	-	-	660	evp, control, fin plan & tax
2023-03-08	Richardson Paul J	sold (taxes)	-26,323	98.96	-266	sr. evp and chief hr officer
2023-03-08	Richardson Paul J	acquired	-	-	772	sr. evp and chief hr officer
2023-03-08	WOODFORD BRENT	sold (taxes)	-14,448	98.96	-146	evp, control, fin plan & tax
2023-02-21	WOODFORD BRENT	sold	-117,818	103	-1,139	evp, control, fin plan & tax
2023-01-24	WOODFORD BRENT	sold	-120,408	105	-1,139	evp, control, fin plan & tax
2023-01-12	McCarthy Christine M	acquired	2,181,520	51.29	42,533	sevp & chief financial officer
2023-01-12	McCarthy Christine M	sold	-4,187,800	98.46	-42,533	sevp & chief financial officer
2023-01-12	WOODFORD BRENT	acquired	928,862	51.29	18,110	evp, control, fin plan & tax

About Walt Disney Co The

Robert A. Chapek

www.thewaltdisneycompany.com

65535

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners. It also offers direct-to-consumer streaming services through Disney+, Disney+ Hotstar, ESPN+, Hulu, and Star+; sale/licensing of film and television content to third-party television and subscription video-on-demand services; theatrical, home entertainment, and music distribution services; staging and licensing of live entertainment events; and post-production services by Industrial Light & Magic and Skywalker Sound. In addition, the company operates theme parks and resorts, such as Walt Disney World Resort in Florida; Disneyland Resort in California; Disneyland Paris; Hong Kong Disneyland Resort; and Shanghai Disney Resort; Disney Cruise Line, Disney Vacation Club, National Geographic Expeditions, and Adventures by Disney as well as Aulani, a Disney resort and spa in Hawaii; licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort; and provides consumer products, which include licensing of trade names, characters, visual, literary, and other IP for use on merchandise, published materials, and games. Further, it sells branded merchandise through retail, online, and wholesale businesses; and develops and publishes books, comic books, and magazines. The Walt Disney Company was founded in 1923 and is based in Burbank, California.

DIS Income Statement

2022-10-01

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions

12 Months Ended

Oct. 01, 2022

Oct. 02, 2021

Oct. 03, 2020

Revenues

$ 82,722

$ 67,418

$ 65,388

Selling, general, administrative and other

(16,388)

(13,517)

(12,369)

Depreciation and amortization

(5,163)

(5,111)

(5,345)

Total costs and expenses

(75,952)

(63,759)

(61,594)

Restructuring and impairment charges

(237)

(654)

(5,735)

Other income (expense), net

(667)

201

1,038

Interest expense, net

(1,397)

(1,406)

(1,491)

Equity in the income of investees

816

761

651

Total income (loss) from continuing operations

5,285

2,561

(1,743)

Income taxes on continuing operations

(1,732)

(25)

(699)

Net income (loss) from continuing operations

3,553

2,536

(2,442)

Loss from discontinued operations, net of income tax benefit of $14, $9 and $10, respectively

(48)

(29)

(32)

Net income (loss)

3,505

2,507

(2,474)

Net income from continuing operations attributable to noncontrolling and redeemable noncontrolling interests

(360)

(512)

(390)

Net income (loss) attributable to The Walt Disney Company (Disney)

$ 3,145

$ 1,995

$ (2,864)

Earnings per share attributable to Disney

Continuing Operations, Per Diluted Share

$ 1.75

$ 1.11

$ (1.57)

Discontinued Operation, Per Diluted Share

(0.03)

(0.02)

Diluted

^[1]

1.72

1.09

(1.58)

Continuing Operations, Per Basic Share

1.75

1.11

(1.57)

Discontinued Operation, Per Basic Share

(0.03)

(0.02)

Basic

^[1]

$ 1.73

$ 1.10

$ (1.58)

Weighted average number of common and common equivalent shares outstanding:

Diluted (shares)

1,827

1,828

1,808

Basic (shares)

1,822

1,816

1,808

Service

Revenues

$ 74,200

$ 61,768

$ 59,265

Cost of Goods and Services Sold

(48,962)

(41,129)

(39,406)

Product

Revenues

8,522

5,650

6,123

Cost of Goods and Services Sold

$ (5,439)

$ (4,002)

$ (4,474)

[1]	Total may not equal the sum of the column due to rounding.

DIS Balance Sheet

2022-10-01

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Oct. 01, 2022

Oct. 02, 2021

Current assets

Cash and cash equivalents

$ 11,615

$ 15,959

Receivables, net

12,652

13,367

Inventories

1,742

1,331

Content advances

1,890

2,183

Other current assets

1,199

817

Total current assets

29,098

33,657

Produced and licensed content costs

35,777

29,549

Investments

3,218

3,935

Attractions, buildings and equipment

66,998

64,892

Accumulated depreciation

(39,356)

(37,920)

Parks, resorts and other property, before projects in progress and land, Total

27,642

26,972

Projects in progress

4,814

4,521

Land

1,140

1,131

Parks, resorts and other property

33,596

32,624

Intangible assets, net

14,837

17,115

Goodwill

77,897

78,071

Other assets

9,208

8,658

Total assets

^[1]

203,631

203,609

Current liabilities

Accounts payable and other accrued liabilities

20,213

20,894

Current portion of borrowings

3,070

5,866

Deferred revenue and other

5,790

4,317

Total current liabilities

29,073

31,077

Borrowings

45,299

48,540

Deferred income taxes

8,363

7,246

Other long-term liabilities

12,518

14,522

Commitments and contingencies

Redeemable noncontrolling interest

9,499

9,213

Equity

Preferred stock

Common stock, $0.01 par value, Authorized – 4.6 billion shares, Issued – 1.8 billion shares

56,398

55,471

Retained earnings

43,636

40,429

Accumulated other comprehensive loss

(4,119)

(6,440)

Treasury stock, at cost, 19 million shares

(907)

Total Disney Shareholders’ equity

95,008

88,553

Noncontrolling interests

3,871

4,458

Total equity

98,879

93,011

Total liabilities and equity

$ 203,631

$ 203,609

[1]

Equity method investments included in identifiable assets by segment are as follows:


	October 1, 2022		October 2, 2021
Disney Media and Entertainment Distribution	$	2,633	$	2,578
Disney Parks, Experiences and Products	2		2
Corporate	43		58
	$	2,678	$	2,638

Intangible assets, which include character/franchise intangibles, copyrights, trademarks, MVPD agreements and FCC licenses (see Note 13), included in identifiable assets by segment are as follows:


	October 1, 2022		October 2, 2021
Disney Media and Entertainment Distribution	$	11,981	$	14,143
Disney Parks, Experiences and Products	2,836		2,952
Corporate	20		20
	$	14,837	$	17,115