(ROKU) Roku - NASDAQ
Sector: Communication Services | Industry: Entertainment | Exchange: NASDAQ (USA) | Market Cap: 20.598m USD | Total Return: 69.6% in 12m
Avg Turnover: 446M
Qual. Beats: 2
Rev. Trend: 99.9%
Qual. Beats: 2
Warnings
P/E ratio 102.9
Tailwinds
Rs Leader, Confidence, Tailwind
Roku, Inc. (ROKU) operates a global television streaming platform organized into two primary segments: Platform and Devices. The Platform segment generates revenue through digital advertising and content distribution services, while the Devices segment focuses on the sale of streaming players, audio hardware, and smart home products.
The company utilizes a hardware-as-a-gateway business model, where low-margin device sales serve to onboard users into a high-margin advertising and services ecosystem. As traditional linear television viewership declines, Roku competes within the broader Connected TV (CTV) market, which is characterized by a structural shift of advertising budgets from broadcast to digital streaming environments.
Investors may find it useful to review historical performance data on ValueRay to better understand these trends. Headquartered in San Jose, California, the company continues to expand its footprint through international market penetration and the licensing of its operating system to third-party television manufacturers.
- Active accounts and streaming hours growth drive platform advertising revenue
- Shift from linear TV to digital streaming accelerates connected TV ad spend
- Hardware segment margins remain pressured by aggressive pricing and supply chain costs
- Expansion into international markets determines long term scale and user monetization
- Macroeconomic trends in consumer spending impact high margin brand advertising budgets
| Net Income: 201.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 7.73 > 1.0 |
| NWC/Revenue: 44.56% < 20% (prev 48.16%; Δ -3.61% < -1%) |
| CFO/TA 0.15 > 3% & CFO 659.2m > Net Income 201.5m |
| Net Debt (-1.88b) to EBITDA (420.1m): -4.47 < 3 |
| Current Ratio: 2.91 > 1.5 & < 3 |
| Outstanding Shares: last quarter (151.0m) vs 12m ago 3.30% < -2% |
| Gross Margin: 44.19% > 18% (prev 43.80%; Δ 0.39% > 0.5%) |
| Asset Turnover: 116.4% > 50% (prev 101.7%; Δ 14.66% > 0%) |
| Interest Coverage Ratio: 107.4 > 6 (EBIT TTM 225.2m / Interest Expense TTM 2.10m) |
| A: 0.51 (Total Current Assets 3.37b - Total Current Liabilities 1.16b) / Total Assets 4.35b |
| B: -0.35 (Retained Earnings -1.50b / Total Assets 4.35b) |
| C: 0.05 (EBIT TTM 225.2m / Avg Total Assets 4.27b) |
| D: 1.59 (Book Value of Equity 2.67b / Total Liabilities 1.68b) |
| Altman-Z'' = 4.23 = AA |
| DSRI: 0.99 (Receivables 752.6m/650.2m, Revenue 4.97b/4.25b) |
| GMI: 0.99 (GM 43.80% / 44.19%) |
| AQI: 1.03 (AQ_t 0.13 / AQ_t-1 0.13) |
| SGI: 1.17 (Revenue 4.97b / 4.25b) |
| TATA: -0.11 (NI 201.5m - CFO 659.2m) / TA 4.35b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of June 20, 2026, the stock is trading at USD 138.07 with a total of 20,096,357 shares traded.
Over the past week, the price has changed by +15.40%,
over one month by +11.21%,
over three months by +44.33% and
over the past year by +69.56%.
Roku has received a consensus analysts rating of 3.84. Therefore, it is recommended to buy ROKU.
- StrongBuy: 13
- Buy: 3
- Hold: 15
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 148.1 | 7.2% |
P/E Trailing = 102.8556
P/E Forward = 60.6061
P/S = 4.1483
P/B = 7.8251
P/EG = 1.0161
Revenue TTM = 4.97b USD
EBIT TTM = 225.2m USD
EBITDA TTM = 420.1m USD
Long Term Debt = 412.7m USD (estimated: total debt 501.1m - short term 88.4m)
Short Term Debt = 88.4m USD (from shortTermDebt, last quarter)
Debt = 501.1m USD (from shortLongTermDebtTotal, last quarter) (leases 501.1m already included)
Net Debt = -1.88b USD (calculated: Debt 501.1m - CCE 2.38b)
Enterprise Value = 18.7b USD (20.6b + Debt 501.1m - CCE 2.38b)
Interest Coverage Ratio = 107.4 (Ebit TTM 225.2m / Interest Expense TTM 2.10m)
EV/FCF = 28.68x (Enterprise Value 18.7b / FCF TTM 652.7m)
FCF Yield = 3.49% (FCF TTM 652.7m / Enterprise Value 18.7b)
FCF Margin = 13.15% (FCF TTM 652.7m / Revenue TTM 4.97b)
Net Margin = 4.06% (Net Income TTM 201.5m / Revenue TTM 4.97b)
Gross Margin = 44.19% ((Revenue TTM 4.97b - Cost of Revenue TTM 2.77b) / Revenue TTM)
Gross Margin QoQ = 45.24% (prev 43.50%)
Tobins Q-Ratio = 4.30 (Enterprise Value 18.7b / Total Assets 4.35b)
Interest Expense / Debt = 0.42% (Interest Expense 2.10m / Debt 501.1m)
Taxrate = 9.67% (21.6m / 223.1m)
NOPAT = 203.4m (EBIT 225.2m * (1 - 9.67%))
Current Ratio = 2.91 (Total Current Assets 3.37b / Total Current Liabilities 1.16b)
Debt / Equity = 0.19 (Debt 501.1m / totalStockholderEquity, last quarter 2.67b)
Debt / EBITDA = -4.47 (Net Debt -1.88b / EBITDA 420.1m)
Debt / FCF = -2.88 (Net Debt -1.88b / FCF TTM 652.7m)
Total Stockholder Equity = 2.64b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.72% (Net Income 201.5m / Total Assets 4.35b)
RoE = 7.64% (Net Income TTM 201.5m / Total Stockholder Equity 2.64b)
RoCE = 7.38% (EBIT 225.2m / Capital Employed (Equity 2.64b + L.T.Debt 412.7m))
RoIC = 6.70% (NOPAT 203.4m / Invested Capital 3.03b)
WACC = 13.38% (E(20.6b)/V(21.1b) * Re(13.70%) + D(501.1m)/V(21.1b) * Rd(0.42%) * (1-Tc(0.10)))
Discount Rate = 13.70% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 95.56 | Cagr: 2.45%
[DCF] Terminal Value 63.46% ; FCFF base≈513.1m ; Y1≈588.2m ; Y5≈865.7m
[DCF] Fair Price = 66.20 (EV 6.86b - Net Debt -1.88b = Equity 8.74b / Shares 132.0m; r=13.38% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.50 | # QB: 2
Revenue Correlation: 99.93 | Revenue CAGR: 16.80% | SUE: 2.69 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.56 | Chg30d=-0.09% | Revisions=+64% | Analysts=9
EPS next Quarter (2026-09-30): EPS=0.54 | Chg30d=-0.75% | Revisions=+0% | Analysts=9
EPS current Year (2026-12-31): EPS=2.45 | Chg30d=+2.85% | Revisions=+67% | GrowthEPS=+304.7% | GrowthRev=+17.3%
EPS next Year (2027-12-31): EPS=3.56 | Chg30d=+5.54% | Revisions=+40% | GrowthEPS=+45.6% | GrowthRev=+12.5%
[Analyst] Revisions Ratio: +67%