The Walt Disney Company ( NYSE:DIS ) has tried to grow its direct-to-consumer offerings, which has been good for its top-line growth but bad for its profit and debt. Disney stock needs to change this quickly and make streaming pay for itself quickly, which takes work.
I’m looking for companies with strong positions in their industry and may have some upside potential in the medium to long term.
Since Disney is the world’s largest media conglomerate and has one of the most valuable brands, it fits this description perfectly. Now is a good time to look at its investment case again to see if its shares are worth buying for long-term investors.
About Walt Disney
The Walt Disney Company is a multi-billion-dollar entertainment conglomerate. Its businesses include media networks, studio entertainment, theme parks, consumer goods, direct-to-consumer services, and interactive media. Interbrand says that Disney has some of the media industry’s most valuable assets and franchises. It also has one of the most valuable brands in the world, which is worth about $50 billion.
Disney has been around for a long time. It was founded in 1924 and has been traded on the New York Stock Exchange since 1940. It is worth about $168 billion on the stock market.
Its business is split into two main areas: Disney Parks, Experiences, and Products, and Disney Media and Entertainment Distribution. The total amount of money Disney made in its last fiscal year (FY 2022), which ended on October 1, was close to $84 billion. By revenue, Disney Media was the most important segment, weighing about 66%. Disney Parks was the second most important segment, with a weight of about 34%. During the last fiscal year, the DTC offerings in the Disney Media segment brought in about 23% of the total revenue, or $19.5 billion.
Even though its total revenue went from about $55 billion in FY 2017 to $83.7 billion last year, this company’s profile has mostly stayed the...
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