Value of the company last November: $300 billion
\nValue of the company today: $85 billion<\/p>\n
An exceptional drop of 70%.
\nCould we have anticipated this? Many indications are in favor of a \"yes\".<\/p>\n
- As early as 2020, the results indicate that Netflix has sold out in the US and Canada, its main market.
\n- At the back, the pack of Disney Plus, Amazon Prime Video and others are pushing hard and want their piece of the pie.
\n- On the content side, Netflix is stuck: tens of billions of dollars are spent on adding series and movies to the platform every year. The goal: to keep its customers.<\/p>\n
And yet, at the same time, buyers value Netflix 120 times what it generates in cash.<\/p>\n
Typical example of a beautiful asset, very badly valued.<\/p>\n
Already partially done in January (-22% following the annual results), the awakening is therefore violent for the shareholders who see their share price drop by 35% on the session of last Wednesday.<\/p>\n
Growth came to an abrupt halt in the first quarter. And a downward trend is emerging. Result: $70 billion have been lost in 1 week.<\/p>\n
The stock is finally approaching a justifiable price.
\nEnough to take a closer look at the case.<\/p>\n
To be continued...<\/p>\n
Have a great week,<\/p>\n
Pierre<\/p>","protected":false},"excerpt":{"rendered":"
Valeur de la soci\u00e9t\u00e9 en novembre dernier\u00a0: 300 milliards $ Valeur de la soci\u00e9t\u00e9 aujourd\u2019hui\u00a0: 85 milliards $ Une chute exceptionnelle de 70%. Pouvait-on l\u2019anticiper\u00a0? De nombreux indices…<\/p>","protected":false},"author":8,"featured_media":2700,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-le-billet-de-monocle"],"acf":[],"yoast_head":"\n