Groupon Stock Analysis

34
%0!3,88 3;08947848,. 3;089478248,..42 .94-07 '°¾¾#,¾fn°n °¾¾¯¾fnn¯

Transcript of Groupon Stock Analysis

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 1/34

%0!3,883;08947848,.

3;089478248,..42

.94-07

'°¾¾#,¾fn°n

°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 2/34

@@¾¾

'°¾¾#,¾fn°n

°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 3/34

°#9f¾$f

½½°J9¾°¾ 

W ½°¾ff¾°¾¾f¯f°°°°¾

f¾°¾¾¯°¾f¾nf°¯ff°

W @n¯½f°f¾°¾f¾fn¾½½¯f°f°@

° f¾nf°¾°f¾°½f°¾

W @¯f°f¯°f¯¾° ¾nfff°n¯½¾°¾¾¯%n°°@

W ¯½f°¯ff½f¾°°

¾°°¾ °¯¾nn¾¾ff°n¯½¾¾°

W °¾¾fn¯½°¾¾n¾f¾°¯¯f°°¯f¾°¾n°

W ,f°f¯°f¾#nf¾#°¾¯°¾ ¯½¾

°f°n°¾¾°n°¾¯f°f°¾f¾

'°¾¾#,¾fn°n

°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 4/34

n°,n¾°n°°f¾f¾

f°;¾°¾°@

9f

@fff°f°¯°¯½f°¾¾¾½°f¾¾¾½°°°

¯f°f°°¾f¾½½@¾f¾nf¾f¾°nf°¾°°

¾°ff°nf¾°¾°¾nff¾°¾¾'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 5/34

,n¾9°°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 6/34

,n¾9°°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 7/34

°f¾½°¾¾¾D½

9Jff½½°¾-"

@fff@¯°f¾°¾°¾¾½f¾f¾¾

f°°nf°f¾°¾¾f¾°#¾¾¾

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 8/34

°f°nf,n¾

W f,nf°¾ ¾¾n¾°¾¾¾f¾

¯nf°¾¾°¾¾¾°¾¾f°f

W ½°¾  ¾¾f½½ff°

W  f °½½° °nf¾f°nf

W ¾¾°¾f°   °nf¾½nf¾nf°n¯½°

W ½f¾¯¾ °nf¾n¾¯¾¾f¾fn°

W¾n¾ 9¾f¾n¾¯¾½°#¯° 

- ¾n¾¾f¯¾f°¾f¾n"@¾f¾°°nf°ff,nf°¾¯fnff°#n¾¯¾°° ©¾f°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 9/34

¾½¾¾¾°¾¾

W ½°¾¯¾n°f

W °n¯°f½ff¾¯½

f%fn¾"

W °½½°°¾

W ¯¾¯fI°f½f¯¾

f°%nn9f°¾@9

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 10/34

@ff;¾°¾f°

¾°¾¾,@f-°¾

Jf°°°n¯¯°n

W ½°¾½f°ffn ¯nf°¾"

  D°nff¾f°f½fnf½fn¾¯¾

W ,nf°¾f°°°½fn¯f°¾°½°f¾

  ,nf°¾fn¯°¯¾fn¯° ½°

W ,nf°¾¯f°fff¾ff¾¾¯°  ¯nf°¾¾½°¾¾°$ nff¾n¯f

¯½¯°°n°n°f¯°f¾f°f¯f¾"

W ¯½°°¯f°¾

  n°f¾¯°¾f¾f½°f°¾¯fn¾f

W -nf°n¾¾  f¯nf°½f°¾¾nf¾°°¾nf°¾°¾¾

W ½°¾° ¯nf°¾ff °nn¾¯¾¾°°¯½nf¾¾f¾¾¾

  ¾½°¾¯nf°¾°n½f¾"

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 11/34

@ff;¾°¾°n°°

¾°¾¾,@f-°¾

Jnf°°°n¯¯°n

W I¯f°f¾°¾¾¯° ¾f¾ n

fn¾¯nf°¾°½°n

n°¯¾¾nf½n¯f°f¯°

  @n°f¯½¾f¾½°°

  D°fn ½f°¯f°½n¯¯

W ½¾°nff½°¯¾ff

n¾¯¾f°°½f½f¾°¾¾

  ,nf°¾°½¯½°¾°

¯ff¾¾f°f¯f°°

W nD°¾ °½¯¾f

  ½°¾½f °½f 

  ¯nf°¾°°f°½°f

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 12/34

@ff¾@fD¾

9f¾f¾°¾¾

W½°f9½¾½n¾nnf¾fnn°°f¾°nf°°n°n¯½°n

  °nf¾½f¾¾°¾f¾°f½°°fnf¯¾nf¾¾f¯

  ¯f©n°¾f¾¯°½f°°n¯ ¯nf¾f¾f°°fnnf½¾°f°°°½°¾¾

W @½f°n¾f ½f¾¾¯°¾f°@

 °,fn½°f¾°f½fn¯°¾

  ¾¾n¯½fn° f¾nfn¯½f°

  ¯°¯¾° ¾½½f ##9¾½n¾

W @n¯½f°¾°¾°¾f¾¾f°°n¾

f¾f¯¯nf°f½½

  I¾f°¯½¾f°nf¾°°¾f¾¾°¾¾f°f¾nn¯°°¯f°n½½¾°¾n°f¾f

  ¾½¾¯f°f¾°¯¾f¾¾%¯°°n¯½f°°¾¯°°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 13/34

@ff¾@fD¾

9f¾f¾°¾¾

W @nf¾¾¾¾f¾ 

¯f°f¯°°°¾f¾n°°½

  ,¾¾°½¾¾,f¾°f°f¯f° ¾

W n¯½f°¾¾f°°f°  °f¾  f°fn¾½½° f¾n

f°f¾¾¾°f°½f°   @°ff ¯°¾

  -@

  ½f¾f¾½°f¾½½½f°ff

¾¯°fn¯½f°nf°¾n°

n°¾f°°°¾f¯½¾

W ½°¾¾ffn° °½½ °ff°°½½f¾

f°nf¯ nf¾f°f¯½¾½fnf¾°

¯nf°¾

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 14/34

½¾f¾ff½¾°

¯½f°#¾,f°f¯°°f¾n

74:543 ;3$4., 3/70,843 %2$,:3088

430 ',08034

% 430 ,743,9,43

,843/ 43,

430 7..2,3

0307,4:3380 ,;/$.0,80 27,2843

'!$,08 ,7703$.,79 ,3/40

'!!74/:.9 011074/03 ,348904

'!47547,900;0452039 ,843,738903 ,0,,8

'!:2,3#084:7.08 7,3$.5507 033107%705,.

'!330073507,9438 7,3%499 430

'!,7093 ,74344507 ,20,9843

W

ff¾n½°nf°¯f°f°n¾¯¾n¾

f ¾nf¯f¾¾°°

ff°°f

¾¯°°f

°¯

¯½¾n¾

W ½°f¾fnf°n¾°¯f°ff½¾°¾f½°

n¯½f° ¯¾f¾°f

°¯n°f°f°

 °f° ¾¾f°f

'°¾¾#,¾fn°n

°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 15/34

@¾°¾¾,¾-°,f°°

°¾n°¯¾nf¾Iff°

W ,'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 16/34

#¾f@½°#¾-f

J°f½f9¾°¾¾f°f

W ½°nn¾nf¾ ¯¾¾n ½f¯nf°¾nf°f°ffnnf¾#f# °¾°¾¾

W ¾¾n°¾fnf¾¾¾½¾¾f¾°n¯°½ff¾°¾f¾

W ¾;½°¾¯nf°¾,

W Jnf°°¯°¾¾f°¯¾¾f°f½¾°f°ff¯f½¾ ¯f°f°f¾¾¾¾¯°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 17/34

°¾¾,¾fn¾ff

¾°¾¾¾If-¾°@°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 18/34

W °nff½½f¾°f¯¾¾f°f¾°¾¾

f¾ n¾°°ff¾¾¾n¾

W Jf¾¯f°°f°"@nf°½¯f¾¾

¾° °nff°½f ¯

°nff¾@f°

9fJn,f,¾f°f

¾¾f°nf

f¾¯f°f¾

 ¾¾n¾

74:543 ;3$4.,

,7098

4:397083507,943

$:-8.7-07832438

254008

,70985074:397

$:-8.7-078507,7092438

$:-8.7-0785074:3972438

:2:,9;00 ,8!:7.,80/2438

,8418:-8.7-078

$:-8.7-07850725400

:2:,9;00,850725400 '°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 19/34

°f°nf¾

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 20/34

,n¾¾ 0097.8 " " " " " " "

748838

#0;03:0

748838!07$,08!07843

#0;03:0!07$,08!07843

 0$:-8.7-078

$:-8.7-078

0,9:70/07.,398

74:5438$4/

74:5438$4/5070,9:70/07.,398

;#0;507$:-8.7-07 

;#0;50774:543$4/

 0#050,9:8942078

:2:,9;0#050,9:8942078

:2:,9;0:8942078

41949,8:-8.7-078

 0,7098

%49,,7098

 $ ,0847.0

 479207.,

39073,943,

%49,

$,085045070/507/, #0;03:0,841748838

'°¾¾#,¾fn°n

°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 21/34

,n¾¾

3.420$9,902039 " " " " " " "

#0;03:0 3.4204881742507,9438

 093.420488997-:9,-09474:543

 /:8920398

$94.,80/425038,943

.6:894370,90/503808

%49,/:8920398

 479207.,

39073,943,

%49,$

841$,08

$

%%

3.702039,#0;03:0

3.702039,$488

3.702039,507,93,73

3.702039,507,93,73%%

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 22/34

ff°n

f¾f¯°$% " "

,86:;,0398

..4:398#0.0;,-0

!705,/503808907 

%49,:7703988098

!309

44/

39,3-088098309

3;0892039836:939070898

010770/3.420%,08

90743:7703988098

%49,88098

..4:398!,,-0

..7:0/07.,39!,,-0

..7:0/503808

:094#0,90/!,7908

010770/3.420%,08

907:77039,-908

%49, :77039,-908

010770/3.420%,08

90743:77039,-908

%49,,-908

907 

9076:9

%70,8:7$94.

//943,!,/3,59, $94.4/07#0.0;,-0

..:2:,90/01.9

..:2:,90/9073.420

%49,74:5433.6:9

  4343974339070898

%49,6:901.9

%4 9,,-90 8 6:9

.0. 4 4 4 4

473,59,

,8418,08

07.,39!,,-0,841$,08

$$%%% " "

  09488

$94.-,80/425038,943

010770/3.420%,08

.088%,03019

48808 3 6:939070898

 43,8390708950380

.6:894370,90/50380 ,343#09:734142243$94.

 473,59, 

..4:398#0.0;,-0

!705,/503808907 

..4:398!,,-0

..7:0/07.,39!,,-0

..7:0/503808907 

:094#0,90/!,7908

907

09,8742507,9438

!!

.6:8943830941.,8

!:7.,804139,3-088098

,3083#0897.90/,8

!:7.,80413;089203983$:-8/,

!:7.,80416:933;08920398

09,833;0893

88:,3.041$94. 

.088%,03019

4,381742#0,90/!,7908

#05,20398414,3894#0,90/!

!7010770/$94.897-:9438

#05:7.,804142243$94.

!74.00/8174207.8041$94.

!74.00/81742$,084142243$

;/03/8!,/

#0/02594341!7010770/$94.

09,87423,3.3

110.9414703.,30

,303,8

,8,90333

,8,93/

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 23/34

f¾f¾°f°nf¾

#0;03:0

507,933.420

%,#,90

093.420

$,708:989,3/3

!$

#0;03:07494

507,933.420749 32 32

507,93,73   09,73

,80,803,3.,8

 0097.8

748838

#0;03:0

748838!07$,08!07843

#0;03:0!07$,08!07843

 0$:-8.7-078

$:-8.7-078

0,9:70/07.,398

74:5438$4/

74:5438$4/5070,9:70/07.,398

;#0;507$:-8.7-07 

;#0;50774:543$4/'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 24/34

Iff°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 25/34

°f¾°¾f¾°f

°¾¾°¾°¾¾

W 9¾°¾¾f¯½

I °°f°°f

°¯n¾nf¾¯°

W @¾°n°¾¯f¾¾°nf¾ffnn,

f¾¾f¯°"

W -½°¾f¾° , 

°fn½f½½¾¾fn¾°¾

W f°¾  ¯¯°" 

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 26/34

Iff°ff¾°f¾f¾

f9f°,n,

W

°n¯f°f°f½°f¾, ¯°¾f°¾¾¾nf¾°¾¯°¾@9nf°@°

¯nf@¾ff°f¯f °¾°¾°f¾

½nf¯f°f@ ¾¾°°f

W °¾°n¯¯°¾nf¾ff¾°¾¾f¾

¾°f° ©¾ ff°¾

74:543',:,943/!439

!745480/$,70!7.0

$,708:989,3/3

,709,5

#0;03:0

!7.0$,08

!$

!

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 27/34

Iff°¯½f¾°¾

W ¾$$

W n¾f°f°nf°,fJfn

',:,943478009

38

,709,5

39075780

',:0

!7.0

$,08

!7.0

$,08

#0;03:0

749

!7.0%%

%

7488

,73

%

,73

507,93

,73 #

440

2,43

$,08147.0

#0/,9

30/3

%-.4

!,3/47, 32 32 32 32

4 32 32

420,,

;07,0

W

@##ff° ½°n¯¯nff¾¯f°½¾°¾¾° ¾n¯½f°fn¾ ½f°¯f°f¾

¯f°f¯°½n¾¾¾°¾¾¾  ¾f¾n¯½f°¾n¾

¯f°¾¯¯f°¾°¾¾¾°¾¾¾¾f¾

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 28/34

Iff°¾I°¾°f¾

¯½f°If°9n$f¾@

f¾f¾ ¾fIf¾¯f

&58/0,80/8.4:397,90

#0;03:0:950

250/,709,5

$,708:989,3/332438

!07$,70

!'

;07,0

438/0,80/8.4:397,90

#0;03:0:950

250/,709,5

$,708:989,3/332438

!07$,70

!' ;07,0

,80,80/8.4:397,90

#0;03:0:950

250/,709,5

$,708:989,3/332438

!07$,70

!' ;07,0

°¾¾,¾fn#¾

fIf¾¯f

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 29/34

@fff¾

W @ff°¾¾f¾n¯½f°¾nf½

f°°¯½f¾°nf

W ½°¾f¯f¾°¾¾¾f°f°¾

¾°¾¾°n¯½f°f°¾¾°¾¾¯f°

nf¾°f°nf½f¾

W nf¾¾°nf°¾¾°¾°¾f¾nf

 ff°

W ½°¯f°¾°°¾¯¾ ¾

¯f°f°n°° f¾n °¯

W -f¯°¾f¾¯f°° f¾n¯½f°#¾¾¾½#°f°nf¾ 9

W Iff°°%½n¾f¾

W 9 f¾¾° 9f°ff°½° 

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 30/34

½½°n¾

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 31/34

n½f¾f¾°n°

¯½¾°¾¾,

W ¯° ¯f¾½°f °°

f°¾n°f

W ½°¾,ff¾f¾°°½

¾f ¯n 

I9ff¾½f°¾  °f½¯,ff¾f¾½°°

f °¯°¾° ©%¯½¯°f¯°f¾½f

$f¾ff°¾½°f

W °9 ¯@ °,fn°°f

f ¯°½f

@fffn½f¾¾½nf°¾n¾°n

°½½¯f°f¯°¯f¾½½¾ff¾n¾

f¯f9"¾½n¾

'°¾¾#,¾fn°n°¾¾¯¾fnn̄

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 32/34

°¯f°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 33/34

,n¾½°¾°9°

W ¯f½°f¾

W ¯½°

'°¾¾#,¾fn°n°¾¾¯¾fnn¯

8/3/2019 Groupon Stock Analysis

http://slidepdf.com/reader/full/groupon-stock-analysis 34/34

J½°¾½fff¾½f

¾fnf°nff°½f¯°f¾°

¯¾°¾°f°¯f¯f½½fnfJnf

°¾f°¯¾f°°¯f°°f¯°f¾n

f°f¾¾J½nff°°°ffn°°¾

nf°n¾°¯f°¯°¯f°°¾¯°

n¾°¾

½¾nf¯¾f°nffn¯¯°

½°fn°nf°¯½¾

°¾¾¯¾fnn¯

@f°