Strive, Inc. (NASDAQ: ASST)

Sector: Communication Services Industry: Internet Content & Information CIK: 0001920406
Market Cap 7.25 Mn
P/B 0.01
P/E -0.95
P/S 9.55
ROIC (Qtr) 0.00
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 3.60 Mn
Debt/Equity (Qtr) 0.00

About

Asset Entities Inc., or ASST, is a technology company that operates in the social media marketing and content delivery industry. The company specializes in providing services across various platforms such as Discord, TikTok, and other social media platforms. ASST was founded in 2020 by Arshia Sarkhani, CEO and President, and Kyle Fairbanks, Executive Vice-Chairman and Chief Marketing Officer, with the vision of making Wall Street trading education and entertainment accessible to the Generation Z masses through social media. ASST's main business...

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Price action

Investment thesis

Bull case

  • Strong tangible asset base of 792.22M provides 219.82x coverage of total debt 3.60M, indicating robust asset backing and low credit risk.
  • Tangible assets of 792.22M provide robust 2219.09x coverage of other current liabilities 357000, indicating strong asset backing.
  • Long-term investments of 672.91M provide solid 186.71x coverage of long-term debt 3.60M, indicating strategic financial planning.
  • Robust tangible asset base of 792.22M provides 7.57x coverage of working capital 104.66M, indicating strong operational backing.
  • Strong cash position of 109.07M provides 305.52x coverage of other current liabilities 357000, indicating excellent liquidity.

Bear case

  • Long-term investments of 672.91M represent a high 135.75x of fixed assets 4.96M, indicating potential overexposure to financial assets versus operational capabilities.
  • Other non-current assets of 142000 provide minimal coverage for long-term debt of 3.60M, which is 0.04x, indicating potential asset-liability mismatch.

Peer comparison

Companies in the Internet Content & Information
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 GOOGL Alphabet Inc. 4,538.16 Bn 131.46 27.23 33.71 Bn
2 META Meta Platforms, Inc. 1,747.49 Bn 74.30 23.25 51.06 Bn
3 SPOT Spotify Technology S.A. 103.00 Bn 62.32 5.18 2.57 Bn
4 BIDU Baidu, Inc. 62.73 Bn 49.63 3.42 13.66 Bn
5 RDDT Reddit, Inc. 32.18 Bn 92.16 16.90 0.03 Bn
6 NBIS Nebius Group N.V. 27.81 Bn 127.53 81.80 4.51 Bn
7 TME Tencent Music Entertainment Group 24.66 Bn 15.77 5.54 0.54 Bn
8 PINS Pinterest, Inc. 16.95 Bn 8.53 4.18 0.21 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.00 1.10
EV to Cash from Ops. EV/CFO -0.52 -3.08
EV to Debt EV to Debt 0.84 28.98
EV to EBIT EV/EBIT -0.40 -26.54
EV to EBITDA EV/EBITDA -0.40 9.30
EV to Free Cash Flow [EV/FCF] EV/FCF -0.51 -67.01
EV to Market Cap EV to Market Cap 0.42 0.90
EV to Revenue EV/Rev 4.00 61.25
Price to Book Value [P/B] P/B 0.01 1.56
Price to Earnings [P/E] P/E -0.95 2.92
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) 0.00 0.33
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 -8.92
Dividend per Basic Share Div per Share (Qtr) 0.00 0.31
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 2.58
Interest Coverage Int. cover (Qtr) 0.00 -202.56
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 0.00 -24.06
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 5,097.71 175.36
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 0.94
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 0.00 31.53
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 0.00 -472.14
EBIT Growth (1y) % EBIT 1y % (Qtr) 0.00 32.66
EBT Growth (1y) % EBT 1y % (Qtr) 0.00 -25.80
EPS Growth (1y) % EPS 1y % (Qtr) 0.00 -18.36
FCF Growth (1y) % FCF 1y % (Qtr) 0.00 20.83
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 0.00 19.58
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.74
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.02
Cash Ratio Cash Ratio (Qtr) 11.43 1.54
Current Ratio Curr Ratio (Qtr) 11.97 3.38
Debt to Equity Ratio Debt/Equity (Qtr) 0.00 -0.39
Interest Cover Ratio Int Coverage (Qtr) 0.00 -202.56
Times Interest Earned Times Interest Earned (Qtr) 0.00 -202.56
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) 0.00 -4,283.87
EBIT Margin % EBIT Margin % (Qtr) 0.00 -4,786.62
EBT Margin % EBT Margin % (Qtr) 0.00 -5,002.12
Gross Margin % Gross Margin % (Qtr) 0.00 58.65
Net Profit Margin % Net Margin % (Qtr) 0.00 -5,003.08