Post by
theSPOOKster on Jan 18, 2021 1:30pm
I don't get the multiples??
Well is trading at 25 X 2020 revenue!!
Not sure why they are geting this multiple.
I compare it to other companies in the same sector e.g. Think Research, who are trading at 6 X revenue. They are also doing via M&A, growing organically and EBITDA +VE in 2021.
Their revenue is also already 90% SaaS, while Well is trying to increase it but is only at 25% of revenue.
Please somebody explain.
Comment by
Aarman4 on Jan 19, 2021 3:47am
The market is not efficient. Charts ;-)