02-23-2019, 10:17 PM
'Cann' pid='82771' datel Wrote:It looks like if your $145M revenue for this year materializes, the stock is really undervalued at just 2.5x sales..
In fact, even if it's "just" $110M or so, the shares trade at 3.5x sales, that's still very cheap for a SaaS platform..
Yes, it's certainly much cheaper than other SaaS platform companies I've seen and this valuation discount will gradually disappear with the company more known and established.
That is, shareholders can benefit both from the growth of the company and valuation multiple expansion...