[9/11/2020] Peloton’s Valuation
Peloton (NASDAQ: PTON) is an at-home health firm that sells related train bikes and treadmills and associated health subscriptions. The inventory is up over 4x year-to-date, because the Covid-19 pandemic and associated lockdowns brought on individuals to cease going to gyms and health facilities and work out from dwelling, inflicting demand for the corporate’s services and products to soar. Peloton now trades at about 8x projected FY’21 revenues, forward of Apple (NASDAQ:AAPL) which trades at about 6.5x. Does this make sense? We expect it does. On this evaluation, we check out the corporate’s financials, future prospects, and valuation. See our interactive evaluation Peloton Valuation: Costly Or Low cost? for extra particulars. Elements of the evaluation are summarized beneath.
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