Uber Technologies Stock Intrinsic Value – Uber Resumes Card Payments After Three-and-a-Half Year Suspension in Bangladesh
June 8, 2023
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Uber Technologies ($NYSE:UBER) is an American multinational ride-hailing company based out of San Francisco, California. The company offers services such as UberEats, UberPool, and UberX, which allow customers to request and pay for rides, delivery, and other services through their mobile application. Recently, Uber announced that it is resuming card payments after a three-and-a-half year suspension in Bangladesh. This decision was made at a Bangladesh Bank meeting, with representatives from the payment network Mastercard and the local banks present. The bank and Mastercard each committed to providing a secure and compliant payment system for Uber’s services in Bangladesh.
This is great news for Uber riders and other users within Bangladesh, as they can now use their credit or debit cards to pay for their rides and other services. This decision to re-enable card payments also shows that the companies involved are committed to making sure that users have access to safe and secure payment systems when using Uber’s services. This is a positive move that will benefit many in Bangladesh, as they can now enjoy the convenience of using their cards to pay for their rides.
Market Price
This move was celebrated by investors, as the stock opened at $37.2 and closed at $37.9, up by 1.0% from the previous closing price of 37.6. Customers in Bangladesh can now use their credit cards to pay for their Uber rides without any hassle, and this will likely lead to improved customer satisfaction in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Uber Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 33.85k | -3.37k | -7.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Uber Technologies. More…
| Operations | Investing | Financing |
| 1.23k | -1.9k | 21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Uber Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 32.45k | 23.78k | 3.73 |
Key Ratios Snapshot
Some of the financial key ratios for Uber Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.4% | – | -8.2% |
| FCF Margin | ROE | ROA |
| 2.9% | -23.5% | -5.4% |
Analysis – Uber Technologies Stock Intrinsic Value
At GoodWhale, we recently conducted an analysis of UBER TECHNOLOGIES‘ fundamentals. Our proprietary Valuation Line revealed that the intrinsic value of UBER TECHNOLOGIES share is around $72.2. This is a considerable difference compared to the current market price of $37.9, representing an undervaluation of 47.5%. Therefore, GoodWhale recommends UBER TECHNOLOGIES for investors looking to take advantage of this market opportunity. More…
Peers
As the world progresses, new technologies are constantly emerging and reshaping the way we live. One of the most recent and influential technological advancements is the rise of ride-sharing apps, such as Uber Technologies Inc. These apps have changed the way we travel, and have had a profound impact on the taxi industry. While Uber has become the most well-known and successful ride-sharing app, it faces stiff competition from other companies, such as Trend Innovations Holding Inc, Waitr Holdings Inc, and Where Food Comes From Inc.
– Trend Innovations Holding Inc ($OTCPK:TREN)
Innovative Holding Inc is a publicly traded holding company with a focus on technology investments. The company’s market cap as of 2022 was 58.02M and its ROE was 81.69%. Innovative Holding Inc’s portfolio includes investments in companies such as AppDirect, Cloud Elements, and Icertis. These companies provide software that helps businesses manage their operations, customers, and suppliers.
– Waitr Holdings Inc ($NASDAQ:WTRH)
Waitr Holdings Inc is a food delivery service company. It operates in the United States and has a market cap of 26.59M as of 2022. The company has a Return on Equity of -127.21%.
Waitr Holdings Inc was founded in 2013 and is headquartered in Lake Charles, Louisiana. The company operates in the restaurant industry and provides food delivery services to its customers. It delivers food from local restaurants to its customers through its app. The company has a fleet of drivers who pick up and deliver food to its customers.
– Where Food Comes From Inc ($NASDAQ:WFCF)
Food Comes From Inc. is a company that helps farmers and food producers to connect with consumers and sell their products. The company has a market cap of 70.04M as of 2022 and a Return on Equity of 17.04%. The company has a strong focus on sustainability and works to promote sustainable practices among its farmers and food producers. The company also works to educate consumers about where their food comes from and the importance of supporting sustainable agriculture.
Summary
Investing analysis in Uber Technologies provides a unique opportunity for investors to capitalize on the success of a leading ridesharing and logistics company. Uber has been rapidly expanding its presence in a variety of markets, achieving positive financial results, and growing its user base. Investors should look at Uber’s financial performance, competitive environment, and legal risks when evaluating their investment potential. Uber’s technology is cutting-edge and has allowed them to expand market share and stay ahead of competitors.
The legal environment is complex and carries significant risks that could negatively impact Uber’s growth. Ultimately, careful analysis of Uber’s financials, competitive environment, and legal issues should yield a sound investment decision.
