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> stock valuation doesn’t determine the viability of a company as a going concern - profitability does. Have you looked at the EPS of dominos for the last 5 ye
by sumedh 7y ago
> stock valuation doesn’t determine the viability of a company as a going concern - profitability does.
Have you looked at the EPS of dominos for the last 5 years?
- scarface74 7y agoIsn’t that what I’ve been arguing the whole time - that it was the earnings that made a company viable and not the stock price? I was replying specifically to... “Dominoes stock price in the last 5 years says otherwise.” The comment wasn’t “Dominoes earnings per share in the last 5 years says otherwise”.
- sumedh 7y agoand why do you think the stock price went up for the last 5 years, was it because of the people love to eat pizza which tastes like cardboard?
- scarface74 7y agoAnd if stock price is directly correlated with profitability again how does that relate to Uber and Lyft? Alternatively, how does that explain Microsoft under Ballmer? Revenues and profits went up dramatically during his tenure but the stock price stagnated for years. If stock price was directly correlated to profitability or business viability, Apple wouldn’t have such a low multiple compared to some of other tech darlings.
- sumedh 7y agoIts not directly related but profitability is one of main factor another factor is future earnings which should answer your doubt about Microsoft and Apple.