
NYSE:DIS
Forward PE is 30x, but remember that their parks business during Covid was closed. Now, they are opening up and running well, though incurring costs from Covid, which will eventually fade. International parks are not entirely open; Shanghai Disney park may shut down. By 2024, margins should return to pre-Covid levels. Disney+ is not profitable, but expect it to be in a few years as they expand their subscriber base. More revenue to come from cinema screenings of more content. Earnings are depressed presently, which impacts the stock. Doesn't expect their dividend to return till operations normalize. The theme parks are profitable, and they can leverage their platform/content across other parts of their business.