company background image
WISH

ContextLogic NasdaqGS:WISH Stock Report

Last Price

US$1.95

Market Cap

US$1.3b

7D

4.3%

1Y

-86.1%

Updated

24 Jun, 2022

Data

Company Financials +
WISH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

WISH Stock Overview

ContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally.

ContextLogic Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for ContextLogic
Historical stock prices
Current Share PriceUS$1.95
52 Week HighUS$15.18
52 Week LowUS$1.20
Beta0
1 Month Change21.12%
3 Month Change-15.95%
1 Year Change-86.11%
3 Year Changen/a
5 Year Changen/a
Change since IPO-90.27%

Recent News & Updates

Jun 22
ContextLogic Inc. (NASDAQ:WISH) Shares Could Be 40% Below Their Intrinsic Value Estimate

ContextLogic Inc. (NASDAQ:WISH) Shares Could Be 40% Below Their Intrinsic Value Estimate

How far off is ContextLogic Inc. ( NASDAQ:WISH ) from its intrinsic value? Using the most recent financial data, we'll...

Jun 01
Here's Why We're A Bit Worried About ContextLogic's (NASDAQ:WISH) Cash Burn Situation

Here's Why We're A Bit Worried About ContextLogic's (NASDAQ:WISH) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Shareholder Returns

WISHUS Online RetailUS Market
7D4.3%10.4%6.6%
1Y-86.1%-39.7%-18.5%

Return vs Industry: WISH underperformed the US Online Retail industry which returned -41.6% over the past year.

Return vs Market: WISH underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is WISH's price volatile compared to industry and market?
WISH volatility
WISH Average Weekly Movement14.6%
Online Retail Industry Average Movement13.0%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: WISH is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: WISH's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20101,218Vijay Talwarhttps://www.wish.com

ContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects users to merchants. It also provides marketplace and logistics services to merchants.

ContextLogic Fundamentals Summary

How do ContextLogic's earnings and revenue compare to its market cap?
WISH fundamental statistics
Market CapUS$1.30b
Earnings (TTM)-US$293.00m
Revenue (TTM)US$1.50b

0.9x

P/S Ratio

-4.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WISH income statement (TTM)
RevenueUS$1.50b
Cost of RevenueUS$767.00m
Gross ProfitUS$735.00m
Other ExpensesUS$1.03b
Earnings-US$293.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.44
Gross Margin48.93%
Net Profit Margin-19.51%
Debt/Equity Ratio0%

How did WISH perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is WISH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WISH?

Other financial metrics that can be useful for relative valuation.

WISH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA-1.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does WISH's PS Ratio compare to its peers?

WISH PS Ratio vs Peers
The above table shows the PS ratio for WISH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.5x

Price-To-Sales vs Peers: WISH is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does WISH's PE Ratio compare vs other companies in the U.S. Online Retail Industry?

Price-To-Sales vs Industry: WISH is good value based on its Price-To-Sales Ratio (0.9x) compared to the US Online Retail industry average (0.9x)


Price to Sales Ratio vs Fair Ratio

What is WISH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WISH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio1.9x

Price-To-Sales vs Fair Ratio: WISH is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).


Share Price vs Fair Value

What is the Fair Price of WISH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WISH ($1.95) is trading below our estimate of fair value ($3.15)

Significantly Below Fair Value: WISH is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

How is ContextLogic forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


26.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: WISH's revenue (23% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: WISH's revenue (23% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WISH's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has ContextLogic performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-22.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WISH is currently unprofitable.

Growing Profit Margin: WISH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WISH is unprofitable, and losses have increased over the past 5 years at a rate of 22.9% per year.

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

Earnings vs Industry: WISH is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (-18.3%).


Return on Equity

High ROE: WISH has a negative Return on Equity (-38.81%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is ContextLogic's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: WISH's short term assets ($1.1B) exceed its short term liabilities ($352.0M).

Long Term Liabilities: WISH's short term assets ($1.1B) exceed its long term liabilities ($14.0M).


Debt to Equity History and Analysis

Debt Level: WISH is debt free.

Reducing Debt: WISH 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: WISH has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WISH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate WISH'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 WISH's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WISH has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.7yrs

Average management tenure


CEO

Vijay Talwar (49 yo)

0.33

Tenure

Mr. Vijay Talwar serves as Non-Executive Director at Dunelm Group plc since October 1, 2021. He serves as Chief Executive Officer and Director at ContextLogic Inc. since February 1, 2022. He serves as Memb...


Leadership Team

Experienced Management: WISH's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: WISH's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

ContextLogic Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ContextLogic Inc.
  • Ticker: WISH
  • Exchange: NasdaqGS
  • Founded: 2010
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: US$1.296b
  • Shares outstanding: 664.66m
  • Website: https://www.wish.com

Number of Employees


Location

  • ContextLogic Inc.
  • One Sansome Street
  • 33rd Floor
  • San Francisco
  • California
  • 94104
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.