• The shares halved on fears that haven’t really materialized; revenue is still growing.
• The company generates large amounts of free cash flow and almost a third of its market cap is cash.
• We are at a loss to explain why the shares trade at such low multiples, like 0.5 times EV/S or 11x this year’s earnings.

Source: Criteo Is Very Cheap – Criteo S.A. (NASDAQ:CRTO) | Seeking Alpha