Report
Ali Mogharabi
EUR 100.00 For Business Accounts Only

Potential Underwriters See Uber as a $120 Billion Company, Compared With Our Valuation of the Firm

According to The Wall Street Journal, Uber may go public in early 2019 and potential IPO underwriters may be valuing Uber at $120 billion, only slightly above our July 19 report where we valued Uber at an estimated $110 billion market capitalization.
We found a couple of data points within the Journal article that were somewhat aligned with our prior analysis. While the underwriters’ valuation is comparable with ours, we note that the Journal indicated that Uber's revenue is expected to be $10 b...
Underlying
GRUBHUB INC

Grubhub and its wholly-owned subsidiaries provide an online and mobile platform for restaurant pick-up and delivery orders. The company connects diners and restaurants through restaurant technology and platforms. Diners enter their delivery address or use geo-location within the mobile applications and the company displays the menus and other relevant information for restaurants in its network. Orders may be placed directly online, via mobile applications or over the phone. The company primarily charges the restaurant a per order commission that is fee based. In several markets, the company also provides delivery services to restaurants on its platform that do not have their own delivery operations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ali Mogharabi

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