Evaluation Date: 2026-01-14 | ← Back to All Stock Evaluations
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.
Key Takeaways: Is ABNB a Quality Investment?
This section provides a scannable summary for quick reference.
- Verdict: 🟢 PASS — Score: 151/210 (71.9%)
- Moat Strength: Strong — Network effects, iconic brand recognition, and trust system create durable competitive advantages
- Financial Health: Excellent — Net cash position of $9.4B, 83% gross margins, strong FCF generation ($4.5B annually)
- Valuation: Fair to Slightly Overvalued — P/E 31x vs 5-year avg ~33x; trading well above Graham Number
- Key Risk: Regulatory headwinds from city-level short-term rental bans (NYC, Barcelona) could limit growth in key markets
This evaluation uses the Charlie Munger Quality Rubric framework analyzing management, moat, financials, and valuation across 8 dimensions.