Does my valuation reasoning make sense? Waitr compared to DoorDash, Uber, Grubhub.

Discussion in 'Ask any question!' started by Rich Slow, Dec 31, 2020.

  1. Rich Slow

    Rich Slow New Member

    Joined:
    Dec 31, 2020
    Messages:
    2
    Likes Received:
    0
    Waitr is a relatively small food delivery company like DoorDash. Their niche is underserved rural communities in the South. It’s down quite a bit recently and I can’t see why. They actually just became profitable and have 2020 expected revenues of over 220m. While dash maybe pricey at 22x2b revenue, WTHR has a market cap of about 300m and $2.80 a share. Waitr is roughly 1.3t times rev and Dash is 22. It just seem too low. The market is usually right so what am I missing in my DD? Thanks
     

Share This Page