Should you buy Chewy stock? (December 2023)

See more of my work at https://www.3minutebreakdowns.com Chewy stock analysis. Ticker: $CHWY Chewy stock is down 80% since the pandemic as customers cut back on their pets. At the current price, the company has a market cap of 9 billion dollars. Revenue over the last 12 months is 11 billion with 371 billion of adjusted EBITDA. But net income is only 11 million owing to a large chunk of stock based compensation. At the current price, Chewy stock is valued at 22 times EBITDA and 25 times free cash flow. That’s not bad for such a young company. Chewy was founded in 2011 and since its IPO in 2019 the company has performed extremely well. Sales have more than tripled, the number of active customers has doubled and revenue per active customer has increased by 60%. from $334 to $543 dollars. However, since the pandemic Chewy has struggled to grow its base. Revenue has been helped by inflation but chewy’s customer base at 20.3 million is actually down from where it was in 2021. #stockstobuy #investing #stockmarket