While not a pure SaaS play, the company nevertheless sprouts a SaaS-like business model with recurring maintenance sales, 80%+ gross margins, 30%+ revenue growth, and large up-sell revenues. We think that the 3.6x 2020 EV/S multiple is too low for a market leader with these characteristics. The company has multiple large greenfield opportunities in front […]
Entries Tagged as 'TUFN'
November 18th, 2019 · Comments Off on Tufin Shares Are Still A Bargain
September 28th, 2019 · Comments Off on Take Advantage Of The Sale In Tufin Software
The company provides a unique service which has a large greenfield opportunity. While the company is still loss making and bleeding cash, it is in the land-grab phase, and given its cash position, it can easily afford this. At some stage, leverage will set in and operational performance will improve, but it should invest in […]