GREY:XEBEQ - Post by User
Post by
Winston1on Jun 12, 2022 3:32pm
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Post# 34750290
Oftentimes valuations don't make sense, take advantage of it
Oftentimes valuations don't make sense, take advantage of itIn January 2021, Xebec was trading at over $11.50/share with a market cap of $1.75 billion. Their 2020 revenues were $56.5 million. That's an absurdly high 31X sales valuation. Today, Xebec is trading at 84 cents with a market cap of $130 million. Their 2021 revenues were $126 million. That's about a 1X sales valuation. Much more reasonable than last year, perhaps even unreasonably cheap. You decide.