Angi Inc. (ANGI) 股票分析

公司概述

Angi Inc. operates as a platform that connects home professionals with consumers across the United States and internationally, providing tools to locate pre-screened, customer-rated service providers. The company is classified within the Communication Services sector and specifically functions in the Internet Content & Information industry, leveraging digital infrastructure to facilitate local service referrals. Angi Inc. holds a market capitalization of $310.68M, generated annual revenue of $1.03B over the trailing twelve months, and employs a workforce of 2300 individuals. These valuation and revenue figures indicate that the company operates as a mid-sized entity within the broader digital services landscape, maintaining a significant but not dominant market presence relative to mega-cap internet peers. The scale of its operations, evidenced by the substantial employee count and billion-dollar revenue base, underscores its established footprint in the home services referral market.

财务健康

The company reported a revenue of $1.03B, net income of $43.83M, and EBITDA of $125.31M for the trailing twelve months. The substantial gap between the $1.03B revenue and the $43.83M net income reveals a cost structure where operating expenses, including cost of goods sold and general administrative costs, consume approximately 95.7% of total revenue before arriving at profit. Angi Inc. generated free cash flow of $44.45M, which provides a measure of financial flexibility for capital allocation despite the current lack of dividend distribution. The gross margin stands at an impressive 95.4%, indicating high scalability in its core service delivery model, while the operating margin of 7.8% and profit margin of 4.3% reflect the costs associated with customer acquisition and platform maintenance. Regarding liquidity and leverage, the company holds $303.70M in cash against $535.30M in total debt, resulting in a debt-to-equity ratio of 57.72 which suggests a leveraged balance sheet position. The current ratio of 1.65 indicates that the company possesses sufficient short-term assets to cover its short-term liabilities with a comfortable buffer. Furthermore, the return on equity of 4.4% and return on assets of 2.8% demonstrate the efficiency with which management utilizes shareholder capital and total assets to generate earnings, though these returns remain modest compared to industry benchmarks.

估值评估

Angi Inc. trades with a trailing P/E ratio of 7.66 and a forward P/E of 4.95, implying that the market expects earnings to grow significantly in the coming year to justify the lower forward multiple. The price-to-book ratio is 0.31, indicating that the stock is trading at a deep discount to its book value, which often signals that the market is pricing in potential risks or limited growth prospects. Alternative valuation metrics such as a price-to-sales ratio of 0.30 and an EV/EBITDA of 4.15 suggest the company is valued on a low multiple basis relative to its sales and cash flow generation capabilities. The stock's trading range over the past year spans a high of $19.42 and a low of $6.43, placing the current price significantly below the 52-week high. The beta value of 1.82 indicates that the stock exhibits high price volatility, moving with approximately 1.8 times the magnitude of the broader market, which implies higher risk for equity holders.

Growth & Income

For the trailing twelve months, the company experienced a revenue growth of -10.1% year-over-year, while earnings growth is listed as N/A due to the absence of comparable prior period data in the provided facts. The contraction in revenue suggests that the company is currently in a deleveraging or restructuring phase rather than an expansion phase, meaning earnings are not growing faster than revenue as revenue is shrinking. As a non-dividend payer, Angi Inc. has a dividend yield of N/A and a payout ratio of 0.0%, indicating that the company reinvests all available earnings into operational efficiency or balance sheet strengthening rather than distributing cash to shareholders. Consequently, the overall growth and income profile is characterized by negative top-line momentum and a lack of direct income generation through dividends, focusing instead on preserving cash and managing debt obligations.