DoorDash Inc - Ordinary Shares - Class A
DASH
Market Cap$74.14B
Close$
Earnings Call Q3 2024
October 30, 2024 - AI Summary
**Strong Financial Performance:** DoorDash reported a Gross Order Value (GOV) growth of 19% year-over-year, with strong contributions from the restaurant, grocery, and international segments. The company indicated positive progress in contribution margins in both the U.S. and international markets, encouraging investor confidence.
**Rising Subscriber Base:** The number of DashPass subscribers reached an all-time high, surpassing 18 million. This reflects strong customer loyalty and increased penetration of DoorDash's subscription model, which is key for driving recurrent revenue and customer engagement.
**Advertising Business Growth:** The company has seen significant growth in its advertising segment. Ads revenue is reportedly outpacing GOV growth, showcasing the effectiveness of DoorDash’s marketplace strategy. The company's ability to deliver strong return on ad spend (ROACE) continues to attract more advertisers, including CPG brands.
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$-110.13
161.7% downside
Current Fair Value
161.7% downsideOvervalued by 161.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $74.14 Billion |
|---|---|
| Enterprise Value | $71.33 Billion |
| Dividend Yield | $0 (0%) |
| Earnings per Share | $-1.42 |
| Beta | 1.67 |
| Outstanding Shares | 413,106,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | -428.67 |
|---|---|
| PEG | 133.16 |
| Price to Sales | 7.44 |
| Price to Book Ratio | 9.92 |
| Enterprise Value to Revenue | 7.03 |
| Enterprise Value to EBIT | -358.44 |
| Enterprise Value to Net Income | -415 |
| Total Debt to Enterprise | 0.01 |
| Debt to Equity | 0.11 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About DoorDash Inc
3,279 employeesDoorDash is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada, and Australia. Founded in 2013, DoorDash empowers me...