Research Article
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Published on 1 December 2023
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Jia,B. (2023). Competitive Analysis of Starbucks. Advances in Economics, Management and Political Sciences,47,201-207.
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Competitive Analysis of Starbucks

Bingbing Jia *,1,
  • 1 King’s College London

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/47/20230382

Abstract

The main purpose of this research report is to conduct a market analysis of Starbucks Corporation. From this analysis, it can be concluded that since 2015, the market value and stock price have risen to a record level. However, due to the financial difficulties faced by the company during the epidemic of COVID-19, it would rebound in 2020. A comparison of Starbucks' market value with its top competitors in the retail coffee and snack industry shows that only McDonald's has a market value of $214.42 billion higher than Starbucks in this industry. In the previous Starbucks stock analysis, the stock price calculated using the absolute valuation model was $94, while the relative valuation model was $89.43, which was lower than the market price of $101.87, indicating that Starbucks' stock was overvalued; Therefore, it is recommended to sell stocks.

Keywords

Starbucks, market analysis, market value, competitive analysis

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Cite this article

Jia,B. (2023). Competitive Analysis of Starbucks. Advances in Economics, Management and Political Sciences,47,201-207.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Conference website: https://www.icftba.org/
ISBN:978-1-83558-141-4(Print) / 978-1-83558-142-1(Online)
Conference date: 8 November 2023
Editor:Javier Cifuentes-Faura
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.47
ISSN:2754-1169(Print) / 2754-1177(Online)

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