RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NoShort - The Bottomless fool, The Tree Planter....There are at LEAST two things you don't understand:
- you need to look at enterprise value, not market cap
- how to look at companies that inflate revenues using partial acquisitions and accounting consolidation. you are using the wrong (inflated) revenue number
My analysis DOES take growth into account, as well as all the other factors that play into the valuation. I first started digging into this stock about a year ago.
Fundamentals are decent, valuation is not, and management seems to be a little too into "capital allocation" and stock management for my tastes. Still a pass.
Noshortsallowed wrote: Your analysis that suggests a roughly 300 million market cap is an appropriate valuation. Which is half their current yearly revenue. Since when do we assess multiples in fractions of their current revenue and also attribute no value at all in their proven ability to grow?