OTCPK:SPLID - Post by User
Comment by
Edcandoon Jan 16, 2019 11:56pm
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Post# 29243698
RE:Comparing Revenue to Market Cap - A Larger Sample
RE:Comparing Revenue to Market Cap - A Larger SampleI was just having this conversation today. I like EAT and lone one of their partners NU. It’s not so much that these companies are undervalued (they are undervalued) so much as it is that many of the companies in the sector are severely overvalued . It’s a new sector so the regular rules don’t necessar apply, but as an example at those numbers WEED shouldn’t be trading over $3-$5 a share. 10x sales is one the outside of normal range but not unheard of double or triple that for forward thinking and you get maybe $15. I’m not saying these companies won’t keep having explosive growth , in saying they haven’t had it yet. 1800x sales market cap is beyond ludicrous . EAT on the other hand is well positioned /partnered to also have that explosive growth % wise , but is only trading at 8 x sales comparatively. Barring any catastrophe , I see a good 300-500% growth in market cap 12-18 months. GLTA