CONTEXTLOGIC INC - A (WISH)
US21077C3051 - Common Stock
We assign a fundamental rating of 3 out of 10 to WISH. WISH was compared to 34 industry peers in the Broadline Retail industry. No worries on liquidiy or solvency for WISH as it has an excellent financial health rating, but there are worries on the profitability. While showing a medium growth rate, WISH is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
WISH had negative earnings in the past year.
In the past year WISH has reported a negative cash flow from operations.
WISH had negative earnings in each of the past 5 years.
WISH had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of WISH (-74.94%) is worse than 96.97% of its industry peers.
WISH's Return On Equity of -146.08% is on the low side compared to the rest of the industry. WISH is outperformed by 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -74.94% | ||
| ROE | -146.08% | ||
| ROIC | N/A |
ROA(3y)-50.38%
ROA(5y)-38.43%
ROE(3y)-90.24%
ROE(5y)-96.69%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WISH has a Gross Margin of 20.56%. This is amonst the worse of the industry: WISH underperforms 87.88% of its industry peers.
WISH's Gross Margin has declined in the last couple of years.
WISH does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 20.56% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-31.06%
GM growth 5Y-24.52%
2. Health
2.1 Basic Checks
WISH does not have a ROIC to compare to the WACC, probably because it is not profitable.
WISH has less shares outstanding than it did 1 year ago.
The number of shares outstanding for WISH has been reduced compared to 5 years ago.
There is no outstanding debt for WISH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of -11.52, we must say that WISH is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of WISH (-11.52) is worse than 75.76% of its industry peers.
There is no outstanding debt for WISH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -11.52 |
ROIC/WACCN/A
WACC10.01%
2.3 Liquidity
A Current Ratio of 2.09 indicates that WISH has no problem at all paying its short term obligations.
The Current ratio of WISH (2.09) is better than 75.76% of its industry peers.
A Quick Ratio of 2.09 indicates that WISH has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.09, WISH belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 2.09 |
3. Growth
3.1 Past
WISH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.13%, which is quite impressive.
Looking at the last year, WISH shows a very negative growth in Revenue. The Revenue has decreased by -49.74% in the last year.
WISH shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -30.17% yearly.
EPS 1Y (TTM)21.13%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q43.96%
Revenue 1Y (TTM)-49.74%
Revenue growth 3Y-51.66%
Revenue growth 5Y-30.17%
Revenue growth Q2Q-56.91%
3.2 Future
Based on estimates for the next years, WISH will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.78% on average per year.
The Revenue is expected to grow by 53.14% on average over the next years. This is a very strong growth
EPS Next Y51.89%
EPS Next 2Y26.6%
EPS Next 3Y26.19%
EPS Next 5Y15.78%
Revenue Next Year-25.87%
Revenue Next 2Y-11.5%
Revenue Next 3Y-16.77%
Revenue Next 5Y53.14%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for WISH. In the last year negative earnings were reported.
Also next year WISH is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
WISH's earnings are expected to grow with 26.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y26.6%
EPS Next 3Y26.19%
5. Dividend
5.1 Amount
WISH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CONTEXTLOGIC INC - A
NASDAQ:WISH (4/23/2024, 7:00:03 PM)
After market: 5.93 -0.06 (-1%)5.99
+0.13 (+2.22%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap146.16M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -74.94% | ||
| ROE | -146.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 20.56% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.09 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)21.13%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y51.89%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-49.74%
Revenue growth 3Y-51.66%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y