Valuation Disconnect In PAR Technology

  • The share price exploded whilst revenues and profits evaporated, but we think the shares could still be significantly undervalued.
  • The company has a gem of a SaaS business that is growing like weed and will probably continue to do so for quite some time.
  • A private financing deal at a competitor shows what kind of valuations that business could fetch.
  • Questions remain as to what management intends to do in terms of speeding up growth and, perhaps even more importantly, merchant payments.

Source: Valuation Disconnect In PAR Technology – PAR Technology Corporation (NYSE:PAR) | Seeking Alpha