Intrinsic value of GrubHub - GRUB

Previous Close

$54.35

  Intrinsic Value

$15.69

stock screener

  Rating & Target

str. sell

-71%

  Value-price divergence*

-16%

Previous close

$54.35

 
Intrinsic value

$15.69

 
Up/down potential

-71%

 
Rating

str. sell

 
Value-price divergence*

-16%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of GRUB stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 4.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  36.19
  39.30
  35.87
  32.78
  30.00
  27.50
  25.25
  23.23
  21.41
  19.77
  18.29
  16.96
  15.76
  14.69
  13.72
  12.85
  12.06
  11.36
  10.72
  10.15
  9.63
  9.17
  8.75
  8.38
  8.04
  7.74
  7.46
  7.22
  6.99
  6.80
  6.62
Revenue, $m
  493
  687
  933
  1,239
  1,611
  2,054
  2,572
  3,170
  3,848
  4,609
  5,452
  6,377
  7,382
  8,466
  9,628
  10,864
  12,175
  13,557
  15,011
  16,534
  18,127
  19,789
  21,521
  23,324
  25,200
  27,149
  29,175
  31,280
  33,468
  35,743
  38,107
Variable operating expenses, $m
 
  553
  736
  962
  1,238
  1,567
  1,951
  2,394
  2,897
  3,462
  4,087
  4,729
  5,474
  6,278
  7,139
  8,057
  9,028
  10,054
  11,131
  12,261
  13,442
  14,675
  15,959
  17,296
  18,687
  20,133
  21,635
  23,196
  24,819
  26,505
  28,259
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  409
  553
  736
  962
  1,238
  1,567
  1,951
  2,394
  2,897
  3,462
  4,087
  4,729
  5,474
  6,278
  7,139
  8,057
  9,028
  10,054
  11,131
  12,261
  13,442
  14,675
  15,959
  17,296
  18,687
  20,133
  21,635
  23,196
  24,819
  26,505
  28,259
Operating income, $m
  84
  134
  198
  277
  373
  487
  621
  776
  951
  1,148
  1,365
  1,648
  1,908
  2,188
  2,488
  2,808
  3,146
  3,504
  3,879
  4,273
  4,685
  5,114
  5,562
  6,028
  6,513
  7,016
  7,540
  8,084
  8,649
  9,237
  9,848
EBITDA, $m
  119
  199
  271
  359
  467
  595
  746
  919
  1,116
  1,336
  1,581
  1,849
  2,140
  2,455
  2,791
  3,150
  3,530
  3,931
  4,352
  4,794
  5,256
  5,738
  6,240
  6,763
  7,306
  7,871
  8,459
  9,069
  9,704
  10,363
  11,049
Interest expense (income), $m
  0
  0
  3
  7
  12
  18
  25
  33
  43
  54
  66
  80
  95
  111
  128
  147
  167
  188
  210
  233
  258
  283
  310
  338
  367
  397
  428
  461
  495
  530
  567
Earnings before tax, $m
  84
  134
  194
  270
  361
  469
  596
  742
  908
  1,094
  1,299
  1,568
  1,813
  2,077
  2,360
  2,661
  2,980
  3,316
  3,669
  4,040
  4,427
  4,831
  5,252
  5,690
  6,146
  6,619
  7,112
  7,623
  8,155
  8,707
  9,282
Tax expense, $m
  34
  36
  52
  73
  97
  127
  161
  200
  245
  295
  351
  423
  490
  561
  637
  718
  805
  895
  991
  1,091
  1,195
  1,304
  1,418
  1,536
  1,659
  1,787
  1,920
  2,058
  2,202
  2,351
  2,506
Net income, $m
  50
  98
  142
  197
  263
  343
  435
  542
  663
  798
  948
  1,145
  1,324
  1,516
  1,723
  1,942
  2,175
  2,421
  2,679
  2,949
  3,232
  3,527
  3,834
  4,154
  4,486
  4,832
  5,191
  5,565
  5,953
  6,356
  6,776

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  324
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  1,198
  1,218
  1,654
  2,197
  2,856
  3,641
  4,561
  5,620
  6,824
  8,172
  9,667
  11,306
  13,089
  15,011
  17,070
  19,263
  21,587
  24,038
  26,615
  29,316
  32,140
  35,087
  38,158
  41,355
  44,680
  48,137
  51,729
  55,462
  59,341
  63,373
  67,566
Adjusted assets (=assets-cash), $m
  874
  1,218
  1,654
  2,197
  2,856
  3,641
  4,561
  5,620
  6,824
  8,172
  9,667
  11,306
  13,089
  15,011
  17,070
  19,263
  21,587
  24,038
  26,615
  29,316
  32,140
  35,087
  38,158
  41,355
  44,680
  48,137
  51,729
  55,462
  59,341
  63,373
  67,566
Revenue / Adjusted assets
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
  0.564
Average production assets, $m
  333
  463
  629
  835
  1,086
  1,384
  1,734
  2,137
  2,594
  3,107
  3,675
  4,298
  4,975
  5,706
  6,489
  7,323
  8,206
  9,138
  10,117
  11,144
  12,218
  13,338
  14,505
  15,721
  16,985
  18,298
  19,664
  21,083
  22,558
  24,090
  25,684
Working capital, $m
  286
  -53
  -72
  -95
  -124
  -158
  -198
  -244
  -296
  -355
  -420
  -491
  -568
  -652
  -741
  -837
  -937
  -1,044
  -1,156
  -1,273
  -1,396
  -1,524
  -1,657
  -1,796
  -1,940
  -2,090
  -2,246
  -2,409
  -2,577
  -2,752
  -2,934
Total debt, $m
  0
  89
  202
  343
  514
  717
  955
  1,230
  1,541
  1,891
  2,278
  2,702
  3,164
  3,662
  4,195
  4,763
  5,365
  6,000
  6,667
  7,367
  8,098
  8,862
  9,657
  10,485
  11,346
  12,241
  13,172
  14,139
  15,143
  16,188
  17,274
Total liabilities, $m
  225
  315
  428
  569
  740
  943
  1,181
  1,456
  1,767
  2,117
  2,504
  2,928
  3,390
  3,888
  4,421
  4,989
  5,591
  6,226
  6,893
  7,593
  8,324
  9,088
  9,883
  10,711
  11,572
  12,467
  13,398
  14,365
  15,369
  16,414
  17,500
Total equity, $m
  972
  902
  1,226
  1,628
  2,116
  2,698
  3,380
  4,165
  5,056
  6,056
  7,163
  8,378
  9,699
  11,123
  12,649
  14,274
  15,996
  17,812
  19,722
  21,723
  23,816
  26,000
  28,275
  30,644
  33,108
  35,669
  38,331
  41,097
  43,972
  46,960
  50,066
Total liabilities and equity, $m
  1,197
  1,217
  1,654
  2,197
  2,856
  3,641
  4,561
  5,621
  6,823
  8,173
  9,667
  11,306
  13,089
  15,011
  17,070
  19,263
  21,587
  24,038
  26,615
  29,316
  32,140
  35,088
  38,158
  41,355
  44,680
  48,136
  51,729
  55,462
  59,341
  63,374
  67,566
Debt-to-equity ratio
  0.000
  0.100
  0.170
  0.210
  0.240
  0.270
  0.280
  0.300
  0.300
  0.310
  0.320
  0.320
  0.330
  0.330
  0.330
  0.330
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.340
  0.350
Adjusted equity ratio
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741
  0.741

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  50
  98
  142
  197
  263
  343
  435
  542
  663
  798
  948
  1,145
  1,324
  1,516
  1,723
  1,942
  2,175
  2,421
  2,679
  2,949
  3,232
  3,527
  3,834
  4,154
  4,486
  4,832
  5,191
  5,565
  5,953
  6,356
  6,776
Depreciation, amort., depletion, $m
  35
  65
  73
  83
  94
  108
  125
  143
  165
  189
  215
  201
  232
  267
  303
  342
  383
  427
  473
  521
  571
  623
  678
  735
  794
  855
  919
  985
  1,054
  1,126
  1,200
Funds from operations, $m
  84
  163
  215
  279
  358
  451
  560
  685
  828
  987
  1,164
  1,346
  1,556
  1,783
  2,026
  2,285
  2,559
  2,848
  3,151
  3,470
  3,803
  4,150
  4,512
  4,888
  5,280
  5,687
  6,110
  6,550
  7,007
  7,482
  7,976
Change in working capital, $m
  -14
  -15
  -19
  -24
  -29
  -34
  -40
  -46
  -52
  -59
  -65
  -71
  -77
  -83
  -89
  -95
  -101
  -106
  -112
  -117
  -123
  -128
  -133
  -139
  -144
  -150
  -156
  -162
  -168
  -175
  -182
Cash from operations, $m
  98
  178
  234
  303
  386
  485
  600
  731
  880
  1,046
  1,229
  1,417
  1,634
  1,867
  2,115
  2,380
  2,660
  2,954
  3,263
  3,587
  3,925
  4,278
  4,645
  5,027
  5,424
  5,837
  6,266
  6,712
  7,175
  7,657
  8,158
Maintenance CAPEX, $m
  0
  -16
  -22
  -29
  -39
  -51
  -65
  -81
  -100
  -121
  -145
  -172
  -201
  -232
  -267
  -303
  -342
  -383
  -427
  -473
  -521
  -571
  -623
  -678
  -735
  -794
  -855
  -919
  -985
  -1,054
  -1,126
New CAPEX, $m
  -37
  -130
  -166
  -206
  -251
  -299
  -350
  -403
  -457
  -513
  -568
  -623
  -678
  -731
  -783
  -834
  -883
  -932
  -980
  -1,027
  -1,074
  -1,120
  -1,167
  -1,215
  -1,264
  -1,314
  -1,366
  -1,419
  -1,475
  -1,533
  -1,594
Cash from investing activities, $m
  -46
  -146
  -188
  -235
  -290
  -350
  -415
  -484
  -557
  -634
  -713
  -795
  -879
  -963
  -1,050
  -1,137
  -1,225
  -1,315
  -1,407
  -1,500
  -1,595
  -1,691
  -1,790
  -1,893
  -1,999
  -2,108
  -2,221
  -2,338
  -2,460
  -2,587
  -2,720
Free cash flow, $m
  52
  32
  46
  67
  97
  136
  185
  247
  323
  412
  515
  622
  755
  903
  1,066
  1,243
  1,434
  1,639
  1,857
  2,088
  2,331
  2,587
  2,854
  3,134
  3,426
  3,730
  4,046
  4,374
  4,716
  5,070
  5,439
Issuance/(repayment) of debt, $m
  0
  89
  113
  140
  171
  203
  238
  274
  312
  349
  387
  425
  462
  498
  533
  568
  602
  635
  667
  700
  731
  763
  795
  828
  861
  895
  930
  967
  1,005
  1,044
  1,086
Issuance/(repurchase) of shares, $m
  -1
  157
  182
  205
  225
  240
  246
  243
  229
  201
  159
  70
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  19
  246
  295
  345
  396
  443
  484
  517
  541
  550
  546
  495
  462
  498
  533
  568
  602
  635
  667
  700
  731
  763
  795
  828
  861
  895
  930
  967
  1,005
  1,044
  1,086
Total cash flow (excl. dividends), $m
  70
  278
  341
  413
  493
  579
  670
  765
  863
  962
  1,061
  1,117
  1,217
  1,401
  1,599
  1,811
  2,036
  2,274
  2,524
  2,787
  3,062
  3,350
  3,650
  3,962
  4,287
  4,625
  4,976
  5,341
  5,720
  6,115
  6,524
Retained Cash Flow (-), $m
  -94
  -254
  -324
  -402
  -488
  -582
  -681
  -785
  -891
  -999
  -1,107
  -1,215
  -1,321
  -1,424
  -1,526
  -1,625
  -1,722
  -1,816
  -1,910
  -2,001
  -2,093
  -2,184
  -2,276
  -2,369
  -2,464
  -2,561
  -2,662
  -2,766
  -2,875
  -2,988
  -3,107
Prev. year cash balance distribution, $m
 
  324
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  348
  17
  11
  4
  -3
  -12
  -20
  -29
  -37
  -46
  -98
  -104
  -23
  73
  186
  314
  457
  615
  786
  970
  1,166
  1,374
  1,593
  1,823
  2,064
  2,314
  2,575
  2,846
  3,127
  3,418
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  333
  16
  10
  3
  -3
  -8
  -13
  -18
  -21
  -24
  -47
  -44
  -9
  25
  55
  80
  99
  113
  121
  123
  121
  114
  104
  93
  80
  68
  55
  44
  34
  26
Current shareholders' claim on cash, %
  100
  95.0
  91.1
  87.9
  85.4
  83.3
  81.7
  80.5
  79.5
  78.8
  78.4
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2
  78.2

GrubHub Inc., together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 40,000 local restaurants with diners in approximately 1,000 cities. It operates GrubHub and Seamless Websites through grubhub.com and seamless.com. The company also offers GrubHub and Seamless mobile applications and mobile Websites for iPhone, iPad, Android, iWatch, and Apple TV devices; and Seamless Corporate program that helps businesses address inefficiencies in food ordering and associated billing. In addition, it provides Allmenus.com and MenuPages, which provide an aggregated database of approximately 380,000 menus from restaurants in 50 states; OrderHub and Boost tools that allows it to monitor orders through the takeout process; and Website design and hosting services for restaurants, as well as delivery services for restaurants on its platform. The company was formerly known as GrubHub Seamless Inc. and changed its name to GrubHub Inc. in February 2014. GrubHub Inc. was founded in 1999 and is headquartered in Chicago, Illinois.

FINANCIAL RATIOS  of  GrubHub (GRUB)

Valuation Ratios
P/E Ratio 93.1
Price to Sales 9.4
Price to Book 4.8
Price to Tangible Book
Price to Cash Flow 47.5
Price to Free Cash Flow 76.3
Growth Rates
Sales Growth Rate 36.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 236.4%
Cap. Spend. - 3 Yr. Gr. Rate 39.5%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 0%
Total Debt to Equity 0%
Interest Coverage 0
Management Effectiveness
Return On Assets 4.4%
Ret/ On Assets - 3 Yr. Avg. 3.6%
Return On Total Capital 5.4%
Ret/ On T. Cap. - 3 Yr. Avg. 4.5%
Return On Equity 5.4%
Return On Equity - 3 Yr. Avg. 4.5%
Asset Turnover 0.4
Profitability Ratios
Gross Margin 0%
Gross Margin - 3 Yr. Avg. 0%
EBITDA Margin 24.1%
EBITDA Margin - 3 Yr. Avg. 25.3%
Operating Margin 17%
Oper. Margin - 3 Yr. Avg. 17.3%
Pre-Tax Margin 17%
Pre-Tax Margin - 3 Yr. Avg. 17.3%
Net Profit Margin 10.1%
Net Profit Margin - 3 Yr. Avg. 10%
Effective Tax Rate 40.5%
Eff/ Tax Rate - 3 Yr. Avg. 42%
Payout Ratio 0%

GRUB stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the GRUB stock intrinsic value calculation we used $493 million for the last fiscal year's total revenue generated by GrubHub. The default revenue input number comes from 2016 income statement of GrubHub. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our GRUB stock valuation model: a) initial revenue growth rate of 39.3% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for GRUB is calculated based on our internal credit rating of GrubHub, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of GrubHub.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of GRUB stock the variable cost ratio is equal to 83%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for GRUB stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for GrubHub.

Corporate tax rate of 27% is the nominal tax rate for GrubHub. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the GRUB stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for GRUB are equal to 67.4%.

Life of production assets of 21.4 years is the average useful life of capital assets used in GrubHub operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for GRUB is equal to -7.7%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $972 million for GrubHub - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 82.85 million for GrubHub is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of GrubHub at the current share price and the inputted number of shares is $4.5 billion.

RELATED COMPANIES Price Int.Val. Rating
QUOT Quotient Techn 14.15 4.15  str.sell
YELP Yelp 41.56 12.18  str.sell

COMPANY NEWS

▶ Why Yelp Stock Rose Last Week   [Aug-08-17 08:11AM  Market Realist]
▶ GrubHub Stock Soars to All-Time Highs   [Aug-07-17 05:37PM  Investopedia]
▶ Company News For August 07, 2017   [10:43AM  Zacks]
▶ GrubHub: Is $75 A Share On The Way?   [10:24AM  Barrons.com]
▶ [$$] Time to Grab GrubHub Stock   [08:13AM  Barrons.com]
▶ Yelp bounces back as Grubhub deal gets good reviews   [Aug-06-17 10:35AM  MarketWatch]
▶ Business Highlights   [05:47PM  Associated Press]
▶ Why GrubHub Inc. Stock Jumped Today   [05:38PM  Motley Fool]
▶ What Happened in the Stock Market Today   [04:54PM  Motley Fool]
▶ Yelp shares soar with Grubhub sale   [03:12PM  Reuters]
▶ Yelp Gets a Big Boost From Eat24 Sale   [12:35PM  24/7 Wall St.]
▶ Why Yelp Inc. Stock Popped Today   [12:29PM  Motley Fool]
▶ Why The Grubhub Deal With Yelp Solves A Big Problem For Both   [12:26PM  Investor's Business Daily]
▶ GrubHub meets 2Q profit forecasts   [03:17AM  Associated Press]
▶ Grubhub to buy Eat24 from Yelp   [05:59PM  Associated Press]
▶ GrubHub partners with Yelp, acquires Eat24   [05:40PM  American City Business Journals]
▶ Grubhub, Yelp Join Forces As Earnings Reports Beat Views   [04:26PM  Investor's Business Daily]
▶ Groupon's shares reverse following pre-market losses   [Aug-02-17 05:19PM  Investing.com]
▶ Can Grubhub Submit Solid Earnings In A Crowded Food Market?   [04:22PM  Investor's Business Daily]
▶ Coming Up Thursday: Grubhub, Activision And More   [11:35AM  Investor's Business Daily]
▶ Grubhub, Groupon Partner On Food Delivery Services   [Aug-01-17 04:09PM  Investor's Business Daily]
▶ Grubhub Rises On Groupon Partnership   [05:09AM  Investor's Business Daily]
▶ Financials Boost Dow; Apple, Paycom, Grubhub Earnings On Tap   [04:17AM  Investor's Business Daily]
▶ Groupon partners with Grubhub to deliver food at a discount   [Jul-31-17 06:09PM  American City Business Journals]
▶ Grubhub, Tinder Parent Match Also Report Next Week   [Jul-28-17 10:16AM  Investor's Business Daily]
▶ GrubHub, Inc. Value Analysis (NYSE:GRUB) : July 27, 2017   [Jul-27-17 02:33PM  Capital Cube]
▶ What Are the Biggest Stocks in 'Sharing Economy'?   [Jul-26-17 12:37PM  Investopedia]
▶ ETFs with exposure to GrubHub, Inc. : July 24, 2017   [Jul-24-17 04:16PM  Capital Cube]
▶ Is the Restaurant Industry Amazon's Next Target?   [Jul-17-17 06:27PM  Motley Fool]
▶ Top-Rated Stocks Near Buy Point With Earnings Due: Alphabet   [Jul-14-17 01:34PM  Investor's Business Daily]
▶ Grubhub Can Outpace Uber and Amazon: Analyst   [Jul-13-17 12:35PM  Investopedia]
▶ Why Grubhub Can Outpace Uber and Amazon   [Jul-12-17 04:31PM  Barrons.com]
Stock chart of GRUB Financial statements of GRUB
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.