FMP
Aug 31, 2021 12:19 AM - Davit Kirakosyan
Affirm Holdings, Inc. (NASDAQ:AFRM) shares surged more than 46% today following Friday’s announcement, according to which the company is going to partner with Amazon.com, Inc. (NASDAQ:AMZN), helping Amazon’s customers finance large purchases. Affirm Holdings, which is a leader in the buy now, pay later space, will give Amazon customers an option to split their total cost of $50 or more into monthly payments.
The partnership, which is being tested now, should be rolled out more broadly to Amazon customers in the US in the coming months. It is expected that Affirm could expand its customer base as only 18% of U.S. Amazon users are also customers of Affirm.
The deal, the exact impact of which is difficult to estimate now, may potentially give 20-30% upside to Affirm’s medium-term gross merchandise volume. Analysts at Deutsche Bank estimate the partnership to drive CY22 annual total payment volume (TPV) contribution to ~$7.7bn, with a potential revenue contribution of $385M (potentially ~22% of AFRM).
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...