Table of Contents :
• Stock Rating & Target Price
• Investment Thesis
• Fundamental Models Used
• Company Description
• Corporate Timeline
• Key Metrics (KPI ) and Recently Reported Earnings Review
• Business Highlights, Strategic Announcements & Outlook
• Quarter-over-Quarter (Q-o-Q) and Year-over-Year (Y-o-Y) Growth Analysis
• Key Catalysts Driving Growth
• Historical Financial Statement Analysis & CAGR Trends
• Quarterly Key Financial Ratios and Performance Metrics
• Annual Financial Performance Analysis: Horizontal and Vertical Financial Analysis, Trends
• Financial Forecasts
• Annual Forecasts: Income Statement
• Annual Forecasts: Cash Flow Statements
• Net Debt Levels
• A Closer Look at DCF: Our Assumptions and Methodology
• Terminal Value Calculation
• Target Price Analysis
• Valuation Multiples
• Supplementary Valuation Analysis: Multiples Approach
• Scenario/Sensitivity Analysis – Base Case , Bull Case ,Bear Case
• Holistic Peer Review & Trading Comps: Financial Data, Operational Metrics, and Valuation Multiples
• Implied Price Per Share
• Ownership Activity/ Insider Trades
• Ownership Summary
• An analysis of ESG Risk Rating
• Key Professionals
• Key Board Members
• Key Risks Considerations
• Analyst Ratings
• Analyst Industry Views
• Disclosures
Disney (DIS): Content Strategy Under Pressure? Navigating DirecTV Dispute, DTC Strategy Implications, Legacy Partnerships & 4 Key Catalysts Shaping Future Growth !
Disney’s Q3 2024 results reveal the company’s resilience and strategic shifts amid ongoing challenges. Revenue rose 3.69% year-over-year to $23.16 billion, outpacing expectations, while adjusted EPS of $1.39 marked a 33.10% improvement. Strong performance in the Direct-to-Consumer (DTC) segment, driven by price hikes and strategic bundling, helped offset softness in the Parks and Experiences segment, where domestic park attendance remained flat. ESPN’s 12-year NBA rights deal reinforces its dominance in sports, adding value to Disney’s media portfolio. However, Disney’s ongoing dispute with DirecTV highlights the pressure on traditional distribution models as it shifts high-value content into its DTC platforms like Disney+ and Hulu. With ESPN set to migrate to streaming, Disney faces immediate risks of declining linear TV revenue but stands to gain long-term market share in the streaming space. Key catalysts include robust content releases such as Moana and Mufasa, enhanced bundling across streaming platforms, and new cruise ship launches. Despite near-term challenges in park attendance and content costs, Disney’s focus on operational efficiency and strategic pricing positions it well for long-term growth. Can Disney successfully balance its DTC growth ambitions while managing the decline in traditional revenue streams? Navigating DirecTV Dispute, DTC Strategy Implications, Legacy Partnerships & 4 Key Catalysts Shaping Future Growth !- Forecasts, Valuation & Risks
