$Yelp Inc (YELP.US)$Excluded from the October 2022 inventory...

Launched in 2012, it is mainly a local advertising business. 99.3% of the market is in the US, and the current price is 44.32.

In the past 5 years, revenue grew for 4 years except 2020, with an average growth rate of 6.9%. Operating profit lost one year in 2020, with an average growth rate of 29.2%. Net profit shrank continuously due to income tax. There is no interest burden in 2022. The gross margin has declined from 93.9% to 91.1% in the past 5 years, and the return on net assets continues to fall below 5%.

In the first three quarters of 2023, revenue increased 12.5%, operating profit increased 1.2 times to 54 million, and net profit increased 3.4 times to $72 million.

The balance ratio has increased from 8.5% to 30.1% in the past 5 years, and is currently 28%. The ratio and growth rate of accounts receivable are normal. Goodwill and other intangible assets are 110 million, accounting for 15% of the net assets of 740 million, and there are no interest-bearing liabilities. The share capital declined during the last 5 years of fluctuations.

Current cash of $437 million, current ratio 3.3, quick ratio 3.2

Over the past five years, net operating cash flow has been much higher than net investment, generating many shareholders' surpluses.

Currently, the price-earnings ratio is 88.1, and the price-earnings ratio is TTM35. If the annual net profit reaches 110 million, the price-earnings ratio will drop to 27.4. Considering the recent sharp increase in profitability, you can choose carefully (⭐️)