redbubble memo
total value of equity 2021
1,999,761,520
total current assets
113,776. includes cash and cash equivalents, other payments, pre-payments, net investments in sublease, current tax asset, other assets
EV/EBITDA redbubble
15.22
cost of equity rate
22.48
current EBIT
42,752
EV/EBITDA etsy
55.61
EBITDA 2021
56,083
operating expenses
601,240, includes artists margin (artist revenue), fulfiller expenses, employee and contractor costs, marketing expenses, and operations and administration
total current liabilities
66,744 includes trade and other payables, unearned revenue, employee benefit liabilities, provisions, lease liabilities, and other liabilities
unlevered free cash flow 2021
85,322
how to calculate EV
calculate capitalization by multiplying the company's outstanding shares by the current market price of one share, add total long-term and short-term debt, then subtract the company's cash and cash equivalents
what is unlevered free cash flow
cash a company has on hand, used to remove the impact of capital structure on a firm's value and makes companies more comparable
what is EV/EBITDA
compares the value of the company to the company's cash earnings less non-cash expenses, EV calculates a company's total value or assessed worth, while EBITDA measures a company's overall financial performance and profitability
what is EBIT
earnings before interest and taxes, is the revenue minus operating expenses and D&A
what is EBITDA
earnings before interest, taxes, depreciation, and amortization. it is the revenue minus the operating expenses but not subtracting D&A
how did you calculate total value of equity
i took the unlevered free cash flow and divided it by the cost of equity minus the average growth rate of etsy which is its main competitor
what is cost of equity
the rate of return on a company, used CAPM equation to calculate
what is current market cap
the total value of all a company's shares of stock, calculated by multiplying the price of a share by the shares outstanding