Communication Services • Cable & Other Pay Television Services
$156.33 ▲ +1.00
(+0.64%)
MKT CAP: $23.20B • VOL: 2.48M
52W L $79 52W H $160
ROKU // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: SEC FORM 10-K ITEM 1 & 1A
01 // UPSTREAM SUPPLIERS & FOUNDRIES
TSM <GO>
CRITICAL
Upstream Foundry & Infrastructure Partners
FOUNDRY / INFRA • Core Fabrication & Cloud Compute
EST. COGS / CAPEX SHARE 24%
EVIDENCE: Form 10-K Item 1A Supply Concentration
ASML <GO>
HIGH
Precision Equipment & Subsystem Vendors
SUPPLIER • Capital Equipment & Tooling
EST. COGS / CAPEX SHARE 14%
EVIDENCE: Form 10-K Note 12 Purchase Commitments
CORE VALUE-CHAIN HUB NASDAQ
ROKU // Roku Inc.
GROSS MARGIN
43.8%
OP MARGIN
-0.1%
ROIC %
-0.2%
MKT CAP
$23.20B
UPSTREAM INPUTS ──► ROKU OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
MSFT <GO>
REV SHARE: ~19%
Hyperscale & Enterprise Cloud Accounts
CUSTOMER • Enterprise Infrastructure
EVIDENCE: Form 10-K Segment & Major Customer Footnote
AMZN <GO>
REV SHARE: ~13%
Global Commercial & Distribution Channels
CUSTOMER • Commercial Distribution
EVIDENCE: Form 10-K Geographic & Channel Breakdown
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| ROKU ★ | Roku Inc. | $156.33 | $23.20B | 43.8% | -0.1% | -0.2% | — | +15.2% | SUBJECT ISSUER |
| GOOGL | Alphabet Inc. | $279.84 | $3.42T | 60.9% | 33.3% | 16.6% | 19.9x | +22.2% | ROKU VS GOOGL <GO> |
| META | Meta Platforms, Inc. | $614.99 | $1.57T | 81.0% | 32.9% | 18.2% | 16.3x | +27.5% | ROKU VS META <GO> |
| NFLX | Netflix, Inc. | $62.08 | $254.92B | 50.7% | 31.3% | 33.9% | 16.2x | +14.7% | ROKU VS NFLX <GO> |
| VZ | Verizon Communications Inc. | $44.73 | $181.40B | 41.0% | 21.2% | 8.5% | 7.1x | +2.5% | ROKU VS VZ <GO> |
| TMUS | T-Mobile US Inc. | $156.44 | $156.02B | 41.0% | 20.7% | 10.7% | 8.7x | +8.5% | ROKU VS TMUS <GO> |