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Roku Inc Stock Research

ROKU

65.18USD+2.84(+4.56%)Market Closed

Market Summary

USD65.18+2.84
Market Closed
4.56%

ROKU Alerts

ROKU Stock Price

ROKU RSI Chart

ROKU Valuation

Market Cap

9.1B

Price/Earnings (Trailing)

-18.33

Price/Sales (Trailing)

2.92

EV/EBITDA

-16.29

Price/Free Cashflow

-60.89

ROKU Price/Sales (Trailing)

ROKU Profitability

EBT Margin

-15.75%

Return on Equity

-18.82%

Return on Assets

-11.29%

Free Cashflow Yield

-1.64%

ROKU Fundamentals

ROKU Revenue

Revenue (TTM)

3.1B

Revenue Y/Y

0.2%

Revenue Q/Q

13.88%

ROKU Earnings

Earnings (TTM)

-498.0M

Earnings Y/Y

-1.1K%

Earnings Q/Q

-94.13%

Price Action

52 Week Range

38.26139.58
(Low)(High)

Last 7 days

-1.4%

Last 30 days

12.6%

Last 90 days

33.8%

Trailing 12 Months

-38.8%

ROKU Financial Health

Current Ratio

2.74

ROKU Investor Care

Shares Dilution (1Y)

3.62%

Diluted EPS (TTM)

-3.62

Peers (Alternatives to Roku)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
172.1B
84.4B
-13.52% -30.63%
51.83
2.04
15.66% 7.72%
138.1B
31.6B
-15.28% -11.62%
30.74
4.37
6.46% -12.20%
MID-CAP
9.1B
3.1B
12.61% -38.78%
-18.33
2.92
13.09% -305.46%
6.3B
1.3B
-4.49% 49.32%
32.07
4.86
17.93% 10.25%
4.5B
3.9B
-10.04% -70.93%
-4.66
1.16
54.73% 23.28%
4.4B
-
-3.27% 12.39%
78.75
5.31
97.57% 3.36%
-
-
-8.50% -21.80%
-
-
- -
SMALL-CAP
1.9B
2.0B
-11.56% -31.40%
-20.33
0.98
52.20% 29.12%
1.5B
2.5B
6.77% -21.19%
-5.61
0.62
62.51% 35.86%
935.7M
300.8M
4.71% -1.55%
-41.04
3.11
18.02% -2.11%
708.7M
3.1B
-9.66% -56.87%
93.32
0.23
0.62% -96.97%
399.3M
671.0M
3.81% 30.81%
17.83
0.6
10.71% 16.06%
52.0M
175.2M
-45.42% -67.51%
-0.76
0.3
85.09% -73.73%

Financials for Roku

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.1%3,126,5343,124,8073,043,3872,924,1002,764,584
Gross Profit-1.0%1,441,1221,456,3871,463,5191,446,6361,408,600
Operating Expenses14.9%1,972,0101,716,0151,507,3121,310,8321,173,500
  S&GA Expenses19.1%838,419704,207604,543513,250455,601
  R&D Expenses13.6%788,913694,681607,380524,019461,602
EBITDA-143.5%-439,738-180,5775,186174,634281,786
EBITDA Margin-143.4%-0.14*-0.06*0.00*0.06*0.10*
Earnings Before Taxes-112.7%-492,283-231,492-42,657136,944236,587
EBT Margin-112.5%-0.16*-0.07*-0.01*0.05*0.09*
Interest Expenses22.3%3,8943,1832,7322,5872,578
Net Income-110.0%-498,005-237,123-46,005139,783242,385
Net Income Margin-109.9%-0.16*-0.08*-0.02*0.05*0.09*
Free Cahsflow-15.9%-149,901-129,324-4,978182,992188,040
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.5%4,4134,3924,3144,2264,082
  Current Assets-0.2%2,9652,9712,9633,1033,055
    Cash Equivalents-2.8%1,9622,0192,0502,2352,146
  Inventory-10.5%10711976.0073.0050.00
  Net PPE23.1%335272218186178
  Goodwill0%162162162162162
Liabilities9.4%1,7661,6141,5181,4131,316
  Current Liabilities14.8%1,083943825855730
    LT Debt, Current-3.0%80.0082.0085.0089.0010.00
    LT Debt, Non CurrentNaN%----80.00
Shareholder's Equity-4.7%2,6472,7782,7962,8132,767
  Retained Earnings-67.6%-588-350-228-116-90.02
  Additional Paid-In Capital3.4%3,2353,1303,0252,9302,857
Accumulated Depreciation8.9%85.0078.0071.00--
Shares Outstanding1.1%140139137136135
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations156.2%12.00-20.9873.00234228
  Share Based Compensation16.2%360310261217188
Cashflow From Investing-36.0%-201-148-118-85.06-176
Cashflow From Financing-40.1%8.0014.0012.0010.001,003

Risks for ROKU

What is the probability of a big loss on ROKU?

100%


Probability that Roku stock will be more than 20% underwater in next one year

98.5%


Probability that Roku stock will be more than 30% underwater in next one year.

85.4%


Probability that Roku 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 ROKU drawdown profile look like?

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

Drawdowns

Returns for ROKU

Cumulative Returns on ROKU

11.7%


5-Year Cumulative Returns

-8.3%


3-Year Cumulative Returns

What are the long-term rolling returns for ROKU?

FIve years rolling returns for Roku.

Annualized Returns

Which funds bought or sold ROKU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
BAILLIE GIFFORD & CO
reduced
-0.06
-53,585,200
138,604,000
0.14%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.05
-215,329
557,671
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-7.22
-152,000
307,000
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
2,035
2,035
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-21.32
-16,225
21,775
0.01%
2023-03-01
Lakewood Asset Management LLC
new
-
4,000
4,000
-%
2023-02-28
Voya Investment Management LLC
added
0.94
-446,503,000
79,193,300
0.11%
2023-02-24
NATIXIS
sold off
-100
-618,000
-
-%
2023-02-24
SRS Capital Advisors, Inc.
added
49.82
8,577
119,577
0.02%
2023-02-24
National Pension Service
unchanged
-
-307,321
777,858
-%

1–10 of 45

Latest Funds Activity

Are funds buying ROKU calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ROKU
No. of Funds

Roku News

FOX61 Hartford

Ex-West Haven city official gets prison for COVID-19 funds theft.

FOX61 Hartford,
10 hours ago

InvestorsObserver

InvestorsObserver

DataDrivenInvestor

The Motley Fool

The Motley Fool

Schedule 13G FIlings of Roku

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
wood anthony j.
12.81%
17,988,969
SC 13G/A
Feb 09, 2023
blackrock inc.
4.98%
6,077,562
SC 13G/A
Feb 09, 2023
vanguard group inc
9.16%
11,160,020
SC 13G/A
Feb 03, 2023
sumitomo mitsui trust holdings, inc.
6.44%
7,847,444
SC 13G
Feb 01, 2023
blackrock inc.
5.1%
6,163,995
SC 13G/A
Nov 10, 2022
fmr llc
-
0
SC 13G/A
Feb 11, 2022
wood anthony j.
13.21%
18,074,616
SC 13G/A
Feb 09, 2022
ark investment management llc
5.13%
6,033,578
SC 13G
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 03, 2022
blackrock inc.
6.3%
7,376,188
SC 13G/A

ROKU Fair Value

Roku fair value in different scenarios

The table shows the Fair Value estimates for Roku 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

13.87

-78.72%

16.77

-74.27%

27.47

-57.86%

42.95

-34.11%

84.42

29.52%
Current Inflation

13.12

-79.87%

15.62

-76.04%

24.87

-61.84%

38.11

-41.53%

73.68

13.04%
Very High Inflation

12.17

-81.33%

14.22

-78.18%

21.77

-66.60%

32.41

-50.28%

61.18

-6.14%

Historical Roku Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Roku

View All Filings
Date Filed Form Type Document
Mar 10, 2023
8-K
Current Report
Mar 08, 2023
8-K
Current Report
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Mar 03, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading

Latest Insider Trading transactions for ROKU

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-03
KAY STEPHEN H
sold
-89,175
64.34
-1,386
svp general counsel, secretary
2023-03-03
Fuchsberg Gilbert
sold
-134,406
64.34
-2,089
svp, corporate development
2023-03-02
Banks Matthew C.
acquired
39,635
61.93
640
vp, corp controller & cao
2023-03-02
Fuchsberg Gilbert
sold
-200,777
61.93
-3,242
svp, corporate development
2023-03-02
Collier Charles
sold
-803,232
61.93
-12,970
president, roku media
2023-03-02
KAY STEPHEN H
sold
-47,376
61.93
-765
svp general counsel, secretary
2023-03-02
Ozgen Mustafa
sold
-545,727
61.93
-8,812
president, devices
2023-03-02
Katz Gidon
sold
-426,450
61.93
-6,886
president, consumer experience
2023-03-01
Collier Charles
acquired
-
-
29,339
president, roku media
2023-03-01
Banks Matthew C.
acquired
-
-
1,257
vp, corp controller & cao

1–10 of 50

Anthony J. Wood
3000
Roku, Inc., together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live TV, news sports, shows, and others. As of December 31, 2021, the company had 60.1 million active accounts. It also provides digital and video advertising, content distribution, subscription, and billing services, as well as other commerce transactions, and brand sponsorship and promotions; and manufactures, sells, and licenses smart TVs under the Roku TV name. In addition, the company offers streaming players, and audio products and accessories under the Roku brand name; and sells branded channel buttons on remote controls of streaming devices. It provides its products and services through retailers and distributors, as well as directly to customers through its website in the United States, Canada, the United Kingdom, France, Mexico, Brazil, Chile, Peru, North and South Americas, and Europe. Roku, Inc. was incorporated in 2002 and is headquartered in San Jose, California.

ROKU Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net Revenue:   
Total net revenue$ 3,126,534$ 2,764,584$ 1,778,388
Cost of Revenue:   
Total cost of revenue1,685,4121,355,984970,169
Gross Profit (Loss):   
Total gross profit1,441,1221,408,600808,219
Operating Expenses:   
Research and development788,913461,602355,784
Sales and marketing838,419455,601299,457
General and administrative344,678256,297173,231
Total operating expenses1,972,0101,173,500828,472
Income (Loss) from Operations(530,888)235,100(20,253)
Other Income (Expense), Net:   
Interest expense(5,161)(2,980)(3,432)
Other income (expense), net43,7664,4675,233
Total other income (expense), net38,6051,4871,801
Income (Loss) Before Income Taxes(492,283)236,587(18,452)
Income tax expense (benefit)5,722(5,798)(945)
Net Income (Loss)$ (498,005)$ 242,385$ (17,507)
Net income (loss) per share—basic (in dollars per share)$ (3.62)$ 1.83$ (0.14)
Net income (loss) per share—diluted (in dollars per share)$ (3.62)$ 1.71$ (0.14)
Weighted-average common shares outstanding —basic (in shares)137,668132,710123,978
Weighted-average common shares outstanding - diluted (in shares)137,668141,668123,978
Platform | Services   
Net Revenue:   
Total net revenue$ 2,711,441$ 2,264,920$ 1,247,654
Cost of Revenue:   
Total cost of revenue1,179,675818,506499,520
Gross Profit (Loss):   
Total gross profit1,531,7661,446,414748,134
Devices | Produced content   
Net Revenue:   
Total net revenue415,093499,664530,734
Cost of Revenue:   
Total cost of revenue505,737537,478470,649
Gross Profit (Loss):   
Total gross profit$ (90,644)$ (37,814)$ 60,085

ROKU Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash and cash equivalents$ 1,961,956$ 2,146,043
Accounts receivable, net of allowances of $40,191 and $56,827 as of760,793752,393
Inventories106,74750,276
Prepaid expenses and other current assets135,383105,795
Total current assets2,964,8793,054,507
Property and equipment, net335,031177,567
Operating lease right-of-use assets521,695345,660
Content assets, net292,766223,713
Intangible assets, net58,88184,126
Goodwill161,519161,519
Other non-current assets77,83035,053
Total Assets4,412,6014,082,145
Current Liabilities:  
Accounts payable164,800124,921
Accrued liabilities750,810549,055
Current portion of long-term debt79,9859,883
Deferred revenue, current portion87,67845,760
Total current liabilities1,083,273729,619
Long-term debt, non-current portion079,985
Deferred revenue, non-current portion28,21028,726
Operating lease liability, non-current portion584,651394,724
Other long-term liabilities69,91182,485
Total Liabilities1,766,0451,315,539
Commitments and contingencies (Note 13)
Stockholders’ Equity:  
Common stock, $0.0001 par value;1414
Additional paid-in capital3,234,8602,856,572
Accumulated other comprehensive income (loss)(292)41
Accumulated deficit(588,026)(90,021)
Total stockholders’ equity2,646,5562,766,606
Total Liabilities and Stockholders’ Equity$ 4,412,601$ 4,082,145