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RBLX

RobloxNYSE:RBLX Stock Report

Market Cap

US$47.9b

7D

3.0%

1Y

n/a

Updated

25 Sep, 2021

Data

Company Financials +
RBLX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

RBLX Overview

Roblox Corporation develops and operates an online entertainment platform.

Roblox Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Roblox
Historical stock prices
Current Share PriceUS$83.22
52 Week HighUS$60.50
52 Week LowUS$103.87
Beta0
1 Month Change-3.02%
3 Month Change-4.35%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO19.74%

Recent News & Updates

Sep 07

Roblox Inches Towards The Metaverse

Roblox just announced the long-awaited addition of voice chat to the platform. They move very slowly and deliberately. Roblox is building a fairly unique platform in a crowded space - the metaverse. They have a very clear idea of what they want it to be. This is a project that will take years to complete, and there is much competition. Considering the risks, Roblox’s stock price is way out ahead of itself. I think a better price will come after they report Q3.

Aug 26

Roblox Corporation Is A Buy In Our World

Roblox Corporation operates an immersive gaming platform, a toolkit where developers can create and users live in virtual worlds. This concept is as old as a field - in computing you can trace the roots of this notion back to text-based Multi-User Dungeons from the 1970s. The notion of immersive infinite worlds is becoming common in software - Slack, for instance, was conceived of as an "infinite game". Roblox has exceptionally strong financials and its valuation is modest in the light of its growth and margins - we rate the name at Buy on a long term basis.

Shareholder Returns

RBLXUS EntertainmentUS Market
7D3.0%-1.9%0.1%
1Yn/a26.7%35.3%

Return vs Industry: Insufficient data to determine how RBLX performed against the US Entertainment industry.

Return vs Market: Insufficient data to determine how RBLX performed against the US Market.

Price Volatility

Is RBLX's price volatile compared to industry and market?
RBLX volatility
RBLX Beta0
Industry Beta1.05
Market Beta1

Stable Share Price: RBLX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RBLX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004960Dave Baszuckihttps://www.corp.roblox.com

Roblox Corporation develops and operates an online entertainment platform. It offers Roblox Client, an application that allows users to explore 3D digital worlds; and Roblox Studio, a toolset that allows developers and creators to build, publish, and operate 3D experiences and other content. The company also provides Roblox Cloud, a solution that provides services and infrastructure to power the human co-experience platform.

Roblox Fundamentals Summary

How do Roblox's earnings and revenue compare to its market cap?
RBLX fundamental statistics
Market CapUS$47.86b
Earnings (TTM)-US$381.70m
Revenue (TTM)US$1.40b

34.1x

P/S Ratio

-125.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RBLX income statement (TTM)
RevenueUS$1.40b
Cost of RevenueUS$1.16b
Gross ProfitUS$242.98m
ExpensesUS$624.69m
Earnings-US$381.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.66
Gross Margin17.32%
Net Profit Margin-27.21%
Debt/Equity Ratio0%

How did RBLX perform over the long term?

See historical performance and comparison

Valuation

Is Roblox undervalued compared to its fair value and its price relative to the market?

90.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: RBLX ($83.22) is trading above our estimate of fair value ($29.36)

Significantly Below Fair Value: RBLX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RBLX is unprofitable, so we can't compare its PE Ratio to the US Entertainment industry average.

PE vs Market: RBLX is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RBLX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RBLX is overvalued based on its PB Ratio (90.9x) compared to the US Entertainment industry average (4x).


Future Growth

How is Roblox forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

-19.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RBLX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RBLX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RBLX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RBLX's revenue (18.4% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: RBLX's revenue (18.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RBLX is forecast to be unprofitable in 3 years.


Past Performance

How has Roblox performed over the past 5 years?

-100.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: RBLX is currently unprofitable.

Growing Profit Margin: RBLX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if RBLX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare RBLX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RBLX is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (10.8%).


Return on Equity

High ROE: RBLX has a negative Return on Equity (-71.87%), as it is currently unprofitable.


Financial Health

How is Roblox's financial position?


Financial Position Analysis

Short Term Liabilities: RBLX's short term assets ($2.4B) exceed its short term liabilities ($1.8B).

Long Term Liabilities: RBLX's short term assets ($2.4B) exceed its long term liabilities ($759.7M).


Debt to Equity History and Analysis

Debt Level: RBLX is debt free.

Reducing Debt: RBLX has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable RBLX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: RBLX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 98.7% per year.


Dividend

What is Roblox current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RBLX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RBLX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RBLX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RBLX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RBLX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Dave Baszucki (56 yo)

17.5yrs

Tenure

US$6,775,108

Compensation

Mr. David Baszucki, also knonw as Dave, founded ROBLOX Corporation in March 2004 and has been its Chief Executive Officer, President, Chairman of the Board and Director since March 2004. Mr. Baszucki serve...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD6.78M) is below average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: RBLX's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: RBLX's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RBLX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: RBLX only recently listed within the past 12 months.


Top Shareholders

Company Information

Roblox Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Roblox Corporation
  • Ticker: RBLX
  • Exchange: NYSE
  • Founded: 2004
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: US$47.864b
  • Shares outstanding: 575.15m
  • Website: https://www.corp.roblox.com

Number of Employees


Location

  • Roblox Corporation
  • 970 Park Place
  • Suite 100
  • San Mateo
  • California
  • 94403
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:17
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.