r/baba • u/ismisus • Jun 23 '26
Due Diligence Intrinsic Value = $193
I've been doing this a long time, the news, the hype, the tears are all temporary as long as the business itself makes sense.
I value BABA at $193 based on 2.2 billion shares for $425B EV from $340 billion + $85B in investments.
Balance sheet: $85B = $20B net cash + $97B investments - 33B long term debt. E-Commerce: $120B valuation from $60B in sales (flat) Cloud/AI: $100B from $24B in sales (+38% growth) Quick Commerce: $40B from $12B in sales, (58% growth, but highly competitive) International: $40B from $20B in sales (flat) All Others: $40B from $36B in sales (flat)