Meta Platforms Inc
NASDAQ:META
Intrinsic Value
Meta Platforms, Inc., engages in the development of social media applications. [ Read More ]
The intrinsic value of one META stock under the Base Case scenario is 371.4 USD. Compared to the current market price of 496.98 USD, Meta Platforms Inc is Overvalued by 25%.
Valuation Backtest
Meta Platforms Inc
Run backtest to discover the historical profit from buying and selling META stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Revenue Growth Amidst Cost-Cutting Measures
2023-Q4 Earnings Call
The company's Q4 total revenue reached $40.1 billion, a 25% increase. This included a 24% rise in the Family of Apps ad revenue to $38.7 billion and an 82% surge in Family of Apps other revenue to $334 million, thanks to WhatsApp Business. Total Q4 ad impressions grew by 21%, with Asia Pacific and Rest of World driving the rise. Q4 operating income stood at $16.4 billion, yielding a 41% margin. Capital investments yielded a free cash flow of $11.5 billion, ending with $65.4 billion in cash reserves. Notably, expenses decreased by 8% with Family of Apps expenses down 13%, even as Reality Labs' expenses rose resulting in a $4.6 billion loss. Looking ahead, the company set a Q1 2024 revenue guidance of $34.5 to $37 billion, 2024 total expenses prediction of $94 to $99 billion, and expects an increasing tax rate in the mid-teens, indicating further investments in AI and infrastructure.
Balance Sheet Decomposition
Meta Platforms Inc
Current Assets | 85.4B |
Cash & Short-Term Investments | 65.4B |
Receivables | 16.2B |
Other Current Assets | 3.8B |
Non-Current Assets | 144.3B |
Long-Term Investments | 6.1B |
PP&E | 109.9B |
Intangibles | 21.4B |
Other Non-Current Assets | 6.8B |
Current Liabilities | 32B |
Accounts Payable | 5.7B |
Accrued Liabilities | 17.1B |
Other Current Liabilities | 9.2B |
Non-Current Liabilities | 44.5B |
Long-Term Debt | 19B |
Other Non-Current Liabilities | 25.5B |
Earnings Waterfall
Meta Platforms Inc
Revenue
|
134.9B
USD
|
Cost of Revenue
|
-26B
USD
|
Gross Profit
|
108.9B
USD
|
Operating Expenses
|
-59.9B
USD
|
Operating Income
|
49B
USD
|
Other Expenses
|
-9.9B
USD
|
Net Income
|
39.1B
USD
|
Free Cash Flow Analysis
Meta Platforms Inc
What is Free Cash Flow?
META Profitability Score
Profitability Due Diligence
Meta Platforms Inc's profitability score is 73/100. The higher the profitability score, the more profitable the company is.
Score
Meta Platforms Inc's profitability score is 73/100. The higher the profitability score, the more profitable the company is.
META Solvency Score
Solvency Due Diligence
Meta Platforms Inc's solvency score is 92/100. The higher the solvency score, the more solvent the company is.
Score
Meta Platforms Inc's solvency score is 92/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
META Price Targets Summary
Meta Platforms Inc
According to Wall Street analysts, the average 1-year price target for META is 514.63 USD with a low forecast of 247.45 USD and a high forecast of 603.75 USD.
Ownership
META Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
META Price
Meta Platforms Inc
Average Annual Return | 5.19% |
Standard Deviation of Annual Returns | 45.59% |
Max Drawdown | -77% |
Market Capitalization | 1.3T USD |
Shares Outstanding | 2 549 410 000 |
Percentage of Shares Shorted | 1.26% |
META News
Last Important Events
Meta Platforms Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Meta Platforms Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Meta Platforms, Inc., engages in the development of social media applications. The company is headquartered in Menlo Park, California and currently employs 71,970 full-time employees. The company went IPO on 2012-05-18. The firm is engaged in the products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, wearables, and in-home devices. The firm operates through two segments: Family of Apps (FoA) and Reality Labs (RL). FoA includes Facebook, Instagram, Messenger, WhatsApp, and other services. RL includes augmented and virtual reality-related consumer hardware, software, and content. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Instagram is a place where people can express themselves through photos, videos, and private messaging, and connect with and shop from their favorite businesses and creators. Messenger is a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices.
Contact
IPO
Employees
Officers
The intrinsic value of one META stock under the Base Case scenario is 371.4 USD.
Compared to the current market price of 496.98 USD, Meta Platforms Inc is Overvalued by 25%.