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Is it just me or is 12% growth in adjusted revenue very mediocre for a company taking a loss and trading at Uber’s revenue multiple?
by ummonk 7y ago
Is it just me or is 12% growth in adjusted revenue very mediocre for a company taking a loss and trading at Uber’s revenue multiple?
- georgeecollins 7y agoIt makes no financial sense. You can't even talk about what the P/E multiple should be for that growth rate because you can't guess what their earnings will be. As many others have posted they are not close to breaking even so it is hard to conclude what changes they would have to make to earn $1 in operations. (I know they have had a profit in a qtr. I am taking operating profit.)
- ummonk 7y agoYeah I mean at their growth rate they would need like 100% profitability to justify the current market cap. The P/S multiple is what you’d expect the P/E multiple to be.