Best Buy Co. Inc.
BBY
Market Cap$16.37B
Close$
Earnings Call Q3 2023
November 22, 2022 - AI Summary
Best Buy reported Q3 financial results that exceeded expectations, with a 10.4% decline in comparable sales on a year-over-year basis.
The company expects holiday shopping patterns to be more similar to historical periods, with concentrated activity during Black Friday week, Cyber Monday, and the two weeks leading up to December 25.
Best Buy's inventory levels are well-positioned for the holiday season, although some receipts were delayed and arrived just after the quarter closed. The promotional environment remains intense.
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$87.00
15.9% upside
Current Fair Value
15.9% upsideUndervalued by 15.9% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $16.37 Billion |
|---|---|
| Enterprise Value | $16.09 Billion |
| Dividend Yield | $3.6328 (4.78%) |
| Earnings per Share | $5.68 |
| Beta | 1.21 |
| Outstanding Shares | 215,381,395 |
| Avg 30 Day Volume | 2,882,641 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 13.19 |
|---|---|
| PEG | -186.55 |
| Price to Sales | 0.37 |
| Price to Book Ratio | 5.36 |
| Enterprise Value to Revenue | 0.37 |
| Enterprise Value to EBIT | 9.31 |
| Enterprise Value to Net Income | 12 |
| Total Debt to Enterprise | 0.07 |
| Debt to Equity | 0.38 |
Revenue Sources
No data
ESG Score
No data
About Best Buy Co. Inc.
125,000 employees
CEO: Corie Barry Best Buy is a leading provider of technology products, services and solutions. The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit ou...