Even with the recent decline of Roku stock price, the shares are still not cheap, as they have a trailing price-sales multiple of 10.75. But then again, Roku stock deserves a premium, given the company’s growth rate and its dominance of its industry. According to Parks Associates, ROKU has about 37% of the streaming media player market, versus Amazon.com’s (NASDAQ:AMZN) 28% and Apple’s (NASDAQ:AAPL) 15%. Keep in mind that the market is expected to double by 2022.
From the article "Has the Pullback of Roku Stock Created an Opportunity?" by Tom Taulli.
Roku isn’t only maintaining its lead as the top streaming media player device in the U.S., it’s increasing it. That’s the conclusion from the latest industry report out today from market intelligence...
Streaming device maker Roku has been growing its market share and is now outselling Apple’s Apple TV more than 2:1 in the U.S., according to new data from market research company Parks Associates. In...
Roku faces massive, deep-pocketed competitors — but so far the 700-employee company has more than held its own in the streaming-media device market. In the first quarter of 2017, Roku had 37% share of...
The scrappy independent streaming-platform developer has been able to beat Goliaths in the tech biz. Roku had 37% share of all streaming devices owned by U.S. broadband households in the first quarter...
