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Altaba

Nasdaq:AABA
Snowflake Description

Solid track record and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AABA
Nasdaq
$37B
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Altaba Inc. operates as a non-diversified, closed-end management investment company in the United States. The last earnings update was 66 days ago. More info.


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  • Altaba is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Altaba has significant price volatility in the past 3 months.
AABA Share Price and Events
Price Volatility
AABA
Industry
5yr Volatility vs Market
Related Companies

AABA Value

 Is Altaba undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Altaba. This is due to cash flow or dividend data being unavailable. The share price is $60.39.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Altaba's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altaba's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:AABA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $28.21
NasdaqGS:AABA Share Price ** NasdaqGS (2018-10-19) in USD $60.39
United States of America Online Retail Industry PE Ratio Median Figure of 25 Publicly-Listed Online Retail Companies 31.86x
United States of America Market PE Ratio Median Figure of 2,939 Publicly-Listed Companies 18.97x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Altaba.

NasdaqGS:AABA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:AABA Share Price ÷ EPS (both in USD)

= 60.39 ÷ 28.21

2.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altaba is good value based on earnings compared to the US Online Retail industry average.
  • Altaba is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Altaba's expected growth come at a high price?
Raw Data
NasdaqGS:AABA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-24.8%per year
United States of America Online Retail Industry PEG Ratio Median Figure of 23 Publicly-Listed Online Retail Companies 1.68x
United States of America Market PEG Ratio Median Figure of 2,059 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

NasdaqGS:AABA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 2.14x ÷ -24.8%

-0.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altaba earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altaba's assets?
Raw Data
NasdaqGS:AABA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $78.23
NasdaqGS:AABA Share Price * NasdaqGS (2018-10-19) in USD $60.39
United States of America Online Retail Industry PB Ratio Median Figure of 54 Publicly-Listed Online Retail Companies 2.84x
United States of America Market PB Ratio Median Figure of 4,944 Publicly-Listed Companies 1.91x
NasdaqGS:AABA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:AABA Share Price ÷ Book Value per Share (both in USD)

= 60.39 ÷ 78.23

0.77x

* Primary Listing of Altaba.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altaba is good value based on assets compared to the US Online Retail industry average.
X
Value checks
We assess Altaba's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. Altaba has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AABA Future Performance

 How is Altaba expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-24.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altaba expected to grow at an attractive rate?
  • Altaba's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 3%.
Growth vs Market Checks
  • Altaba's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Unable to compare Altaba's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:AABA Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:AABA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -24.8%
United States of America Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 34.2%
United States of America Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 19.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 15.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:AABA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:AABA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31
2019-12-31 11,457
2018-12-31 264 -8,608 1
NasdaqGS:AABA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 266 3,733 22,582
2018-03-31 -1,167 8,052 23,003
2017-12-31 54 8,869 22,136
2017-09-30 1,496 6,656 11,974
2017-06-30 2,774 4,405 1,812
2017-03-31 5,409 1,098 -16
2016-12-31 5,169 1,249 -214
2016-09-30 4,973 1,126 -4,811
2016-06-30 4,894 1,045 -4,898
2016-03-31 4,829 943 -4,480
2015-12-31 4,968 -2,383 -4,359
2015-09-30 4,948 -2,385 242

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Altaba's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Altaba is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:AABA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Altaba Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:AABA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31 22.04 22.04 22.04 1.00
2018-12-31 -12.44 -12.44 -12.44 1.00
NasdaqGS:AABA Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 28.21
2018-03-31 28.74
2017-12-31 26.83
2017-09-30 14.51
2017-06-30 1.90
2017-03-31 -0.02
2016-12-31 -0.23
2016-09-30 -5.08
2016-06-30 -5.19
2016-03-31 -4.76
2015-12-31 -4.64
2015-09-30 0.26

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Altaba will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Altaba's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Altaba has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AABA Past Performance

  How has Altaba performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Altaba's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Altaba has delivered over 20% year on year earnings growth in the past 5 years.
  • Altaba's 1-year earnings growth exceeds its 5-year average (1146% vs 38.4%)
  • Altaba's earnings growth has exceeded the US Online Retail industry average in the past year (1146% vs 36.2%).
Earnings and Revenue History
Altaba's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Altaba Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:AABA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 266.05 22,582.24 84.56
2018-03-31 -1,167.02 23,003.29 -295.92 -252.22
2017-12-31 54.46 22,135.73 47.81
2017-09-30 1,496.37 11,973.60 395.00 253.75
2017-06-30 2,774.35 1,812.31 764.57 497.40
2017-03-31 5,409.25 -15.66 1,506.95 1,029.65
2016-12-31 5,169.14 -214.33 1,532.23 1,055.46
2016-09-30 4,973.39 -4,811.31 1,603.69 1,074.17
2016-06-30 4,893.86 -4,897.87 1,640.62 1,102.81
2016-03-31 4,829.48 -4,479.51 1,711.14 1,129.21
2015-12-31 4,968.30 -4,359.08 1,768.52 1,177.92
2015-09-30 4,947.98 242.25 1,787.15 1,209.75
2015-06-30 4,870.45 6,940.03 1,805.45 1,229.52
2015-03-31 4,711.37 7,231.29 1,758.63 1,214.87
2014-12-31 4,618.13 7,521.66 1,770.71 1,156.39
2014-09-30 4,630.86 7,703.51 1,780.91 1,127.36
2014-06-30 4,621.69 1,226.12 1,770.19 1,102.75
2014-03-31 4,672.74 1,287.55 1,776.88 1,057.17
2013-12-31 4,680.38 1,366.25 1,751.28 957.59
2013-09-30 4,760.39 1,290.33 1,657.82 973.64
2013-06-30 4,823.15 4,153.88 1,628.47 923.50
2013-03-31 4,905.70 4,049.36 1,622.72 876.93
2012-12-31 4,986.57 3,945.42 1,641.82 885.82
2012-09-30 4,964.91 3,968.73 1,625.07 881.22
2012-06-30 4,979.85 1,101.82 1,641.02 893.15
2012-03-31 4,991.08 1,112.16 1,643.97 926.56
2011-12-31 4,984.20 1,048.81 1,619.48 919.37

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Altaba has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Altaba used its assets more efficiently than the US Online Retail industry average last year based on Return on Assets.
  • It is difficult to establish if Altaba improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Altaba's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Altaba has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AABA Health

 How is Altaba's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Altaba's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altaba is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Altaba's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Altaba's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Altaba Company Filings, last reported 3 months ago.

NasdaqGS:AABA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 62,626.88 4,452.18 2.96
2018-03-31 62,626.88 4,452.18 2.96
2017-12-31 62,485.92 1,369.99 0.41
2017-09-30 62,485.92 1,369.99 0.41
2017-06-30 48,298.58 1,334.51 0.10
2017-03-31 35,467.19 1,317.11 6,911.06
2016-12-31 31,084.08 1,299.95 6,820.39
2016-09-30 34,869.16 1,283.00 6,600.52
2016-06-30 28,396.30 1,266.28 6,381.09
2016-03-31 28,515.17 1,249.78 5,976.65
2015-12-31 29,079.42 1,233.49 5,857.02
2015-09-30 28,279.07 1,217.41 5,882.05
2015-06-30 33,563.85 1,240.54 5,824.32
2015-03-31 33,703.63 1,185.88 5,284.45
2014-12-31 38,785.59 1,170.42 7,991.51
2014-09-30 36,754.39 1,191.17 11,193.84
2014-06-30 12,730.52 1,178.11 2,744.46
2014-03-31 12,963.20 1,166.25 2,939.51
2013-12-31 13,130.60 1,154.59 3,407.89
2013-09-30 12,546.32 46.00 1,830.30
2013-06-30 13,858.73 49.00 2,628.81
2013-03-31 14,185.93 36.00 3,013.16
2012-12-31 14,605.60 37.00 4,183.95
2012-09-30 15,605.52 38.22 8,413.22
2012-06-30 12,516.24 39.00 1,910.47
2012-03-31 12,859.99 40.00 2,209.88
2011-12-31 12,581.35 41.00 2,055.58
  • Altaba's level of debt (7.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.4% vs 7.1% today).
  • Debt is well covered by operating cash flow (83.8%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Altaba's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Altaba has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AABA Dividends

 What is Altaba's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Altaba dividends.
If you bought $2,000 of Altaba shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Altaba's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Altaba's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:AABA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1973 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:AABA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Altaba has not reported any payouts.
  • Unable to verify if Altaba's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Altaba's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Altaba has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Altaba's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Altaba's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Altaba afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altaba has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AABA Management

 What is the CEO of Altaba's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom McInerney, image provided by Google.
Tom McInerney
COMPENSATION $409,971
AGE 54
TENURE AS CEO 1.8 years
CEO Bio

Mr. Thomas J. McInerney, also known as Tom, has been the Chief Executive Officer of Altaba Inc. (Formerly known as Yahoo! Inc.) since June 13, 2017. Mr. McInerney has corporate leadership experience and has expertise in finance, restructuring, mergers and acquisitions and operations. He has held positions of increasing responsibilities with IAC/InterActiveCorp, or IAC and various subsidiaries from 1999 to March 2012. He served as the Chief Financial Officer and Executive Vice President of IAC/InterActiveCorp from January 2005 to March 2012, where he oversaw all financial and administrative matters and served in the five person Office of the Chairman. AT IAC, he was responsible for an extensive and high quality financial operation. Mr. McInerney served as Chief Executive Officer of IAC's Retailing business from January 2003 to December 2005, where he oversaw HSN, HSN.com, Cornerstone Brands, HSE24, Euvia and Gifts.com. He served as the Chief Financial Officer of CityGrid Media, LLC. He served as Chief Executive Officer of HSN. He served as the President of Electronic Retailing at U.S. Interactive, Inc. since December 13, 2002. He served as President of Electronic Retailing at IAC/InterActiveCorp. He served as Chief Financial Officer, Principal Accounting Officer and Executive Vice President of Ticketmaster Entertainment LLC from May 1999 to January 2003, where he was responsible for all financial and human resource operations. Mr. McInerney spent 11 years as an Investment Banker at Morgan Stanley and worked with a wide variety of companies in the consumer, industrial and service industries and advising on more than 30 IPO and other capital raising, restructuring and merger and acquisition transactions. From 1986 to 1988 and again from 1990 to 1999, he worked at Morgan Stanley, where he was a Principal. He serves as Director of Altaba Inc since June 2017. He has been an Independent Director of Match Group, Inc. since November 2015; and served as Director of HSN, Inc. since August 2008 to June 2017. He served as Independent Director of Yahoo! Inc. since April 05, 2012 to June 2017. He served as a Director of Cardlytics, Inc. since January 31, 2016 until November 13, 2016 and CityGrid Media, LLC. He is a private investor. Mr. McInerney holds a B.A. in Economics from Yale University in 1986, where he graduated magna cum laude. He has an M.B.A. from Harvard Business School in 1990, where he was named a Baker Scholar for graduating in the top 5% of his class. He served as Interval Leisure Group, Inc. since May 2008 to August 2018.

CEO Compensation
  • Tom's compensation has increased by more than 20% in the past year.
  • Tom's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Altaba management team in years:

1.5
Average Tenure
51.5
Average Age
  • The average tenure for the Altaba management team is less than 2 years, this suggests a new team.
Management Team

Tom McInerney

TITLE
CEO & Director
COMPENSATION
$410K
AGE
54
TENURE
1.8 yrs

Alexi Wellman

TITLE
Chief Financial & Accounting Officer
AGE
48
TENURE
1.3 yrs

Joon Huh

TITLE
Head of Investor Relation

Arthur Chong

TITLE
General Counsel & Secretary
AGE
65
TENURE
1.6 yrs

DeAnn Work

TITLE
Chief Compliance Officer
AGE
49
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Altaba board of directors in years:

2.5
Average Tenure
58
Average Age
  • The average tenure for the Altaba board of directors is less than 3 years, this suggests a new board.
Board of Directors

Eric Brandt

TITLE
Chairman of the Board
COMPENSATION
$435K
AGE
56
TENURE
1.8 yrs

Tom McInerney

TITLE
CEO & Director
COMPENSATION
$410K
AGE
54
TENURE
6.5 yrs

Catherine Friedman

TITLE
Independent Director
COMPENSATION
$377K
AGE
58
TENURE
2.6 yrs

Tor Braham

TITLE
Independent Director
COMPENSATION
$326K
AGE
61
TENURE
2.5 yrs

Richard Kauffman

TITLE
Independent Director
AGE
63
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
12. Jul 18 Sell TCI Fund Management Limited Company 09. Jul 18 11. Jul 18 -6,800,000 $-510,444,495.30
09. Jul 18 Sell TCI Fund Management Limited Company 02. Jul 18 06. Jul 18 -10,375,170 $-758,261,618.23
02. Jul 18 Sell TCI Fund Management Limited Company 11. Jun 18 29. Jun 18 -22,716,000 $-1,869,799,392.00
15. Mar 18 Sell TCI Fund Management Limited Company 22. Jan 18 07. Mar 18 -4,936,679 $-396,499,247.24
14. Mar 18 Sell Alexi Wellman Individual 12. Mar 18 12. Mar 18 -1,262 $-97,041.49
08. Mar 18 Sell Alexi Wellman Individual 06. Mar 18 06. Mar 18 -1,940 $-145,571.00
22. Jan 18 Sell TCI Fund Management Limited Company 18. Jan 18 19. Jan 18 -1,214,000 $-90,082,327.40
01. Dec 17 Sell Tor Braham Individual 29. Nov 17 29. Nov 17 -10,000 $-688,284.00
24. Nov 17 Sell Alexi Wellman Individual 21. Nov 17 21. Nov 17 -860 $-62,602.24
X
Management checks
We assess Altaba's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Altaba has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AABA News

External News
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Simply Wall St News

Can Altaba Inc's (NASDAQ:AABA) ROE Continue To Surpass The Industry Average?

View our latest analysis for Altaba Peeling the layers of ROE – trisecting a company’s profitability Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Altaba’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NasdaqGS:AABA Last Perf Jun 7th 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses.

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Is Altaba Inc's (NASDAQ:AABA) PE Ratio A Signal To Buy For Investors?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for AABA Price per share = $70.08 Earnings per share = $26.834 ∴ Price-Earnings Ratio = $70.08 ÷ $26.834 = 2.6x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you are inadvertently comparing lower risk firms with AABA, then AABA’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price. … If this assumption does not hold true, AABA’s lower P/E ratio may be because firms in our peer group are being overvalued by the market.

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One Thing To Consider Before Buying Altaba Inc (NASDAQ:AABA)

An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … Thus, we can expect AABA to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books. … However, this is the opposite to what AABA’s actual beta value suggests, which is higher stock volatility relative to the market.

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Does Altaba Inc's (NASDAQ:AABA) Debt Level Pose A Problem?

With this growth in debt, AABA currently has US$405.00K remaining in cash and short-term investments for investing into the business. … Additionally, AABA has generated cash from operations of US$8.87B in the last twelve months, resulting in an operating cash to total debt ratio of 647.38%, indicating that AABA’s operating cash is sufficient to cover its debt. … NasdaqGS:AABA Historical Debt Apr 16th 18 Can AABA service its debt comfortably?

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NasdaqGS Tech Industry: A Dive Into Altaba Inc (NASDAQ:AABA)

In this article, I’ll take you through the tech sector growth expectations, as well as evaluate whether Altaba is lagging or leading its competitors in the industry. … NasdaqGS:AABA PE PEG Gauge Apr 12th 18 Software tech companies are typically trading at a PE of 26.73x, higher than the rest of the US stock market PE of 18.25x. … Next Steps: Altaba is an tech industry laggard in terms of its future growth outlook.

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Who Are The Major Shareholders Of Altaba Inc (NASDAQ:AABA)?

In this article, I'm going to take a look at Altaba Inc’s (NASDAQ:AABA) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Although AABA has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … Insider Ownership Another important group of shareholders are company insiders.

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Is It Too Late To Buy Altaba Inc (NASDAQ:AABA)?

Great news for investors – Altaba is still trading at a fairly cheap price. … This is because Altaba’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price.

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Altaba Inc (NASDAQ:AABA): Can It Deliver A Superior ROE To The Industry?

See our latest analysis for Altaba Breaking down Return on Equity Return on Equity (ROE) is a measure of Altaba’s profit relative to its shareholders’ equity. … ROE can be dissected into three distinct ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NasdaqGS:AABA Last Perf Feb 27th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

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Is Altaba Inc's (NASDAQ:AABA) PE Ratio A Signal To Sell For Investors?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for AABA Price per share = $76.57 Earnings per share = $1.898 ∴ Price-Earnings Ratio = $76.57 ÷ $1.898 = 40.3x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared lower growth firms with AABA, then AABA’s P/E would naturally be higher since investors would reward AABA’s higher growth with a higher price. … Alternatively, if you inadvertently compared riskier firms with AABA, AABA’s P/E would again be higher since investors would reward AABA’s lower risk with a higher price as well.

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Is Altaba Inc's (NASDAQ:AABA) Balance Sheet A Threat To Its Future?

Check out our latest analysis for Altaba Does AABA produce enough cash relative to debt? … Moreover, AABA has produced $1,248.9M in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 96.07%, indicating that AABA’s debt is appropriately covered by operating cash. … Next Steps: AABA has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

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AABA Company Info

Map
Description

Altaba Inc. operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc. and changed its name to Altaba Inc. in June 2017. Altaba Inc. was founded in 1994 and is based in New York, New York.

Details
Name: Altaba Inc.
AABA
Exchange: NasdaqGS
Founded: 1994
$36,566,639,956
605,508,196
Website: http://www.altaba.com
Address: Altaba Inc.
140 East 45th Street,
15th Floor,
New York,
New York, 10017,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS AABA Common Stock Nasdaq Global Select US USD 12. Apr 1996
DB ALA Common Stock Deutsche Boerse AG DE EUR 12. Apr 1996
XTRA ALA Common Stock XETRA Trading Platform DE EUR 12. Apr 1996
LSE 0RQL Common Stock London Stock Exchange GB USD 12. Apr 1996
SWX AABA Common Stock SIX Swiss Exchange CH CHF 12. Apr 1996
WBAG ATBA Common Stock Wiener Boerse AG AT EUR 12. Apr 1996
SNSE AABA Common Stock Santiago Stock Exchange CL USD 12. Apr 1996
BMV AABA * Common Stock Bolsa Mexicana de Valores MX MXN 12. Apr 1996
Number of employees
Current staff
Staff numbers
8,600
Altaba employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/21 21:11
End of day share price update: 2018/10/19 00:00
Last estimates confirmation: 2018/10/15
Last earnings filing: 2018/08/16
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.