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Cargill is an agritrader. They are a big company but definitely not as valuable as Stripe (look at some of the other ABCDs). Trading businesses never get high
by qeternity 6y ago
Cargill is an agritrader. They are a big company but definitely not as valuable as Stripe (look at some of the other ABCDs).
Trading businesses never get high valuations. But they throw off real cash. Different strokes for different folks.
- tryptophan 6y agoTrue. They don't get high valuations because their earnings fluctuate a lot, and their average profit margin is like 1-3%, as compared to like stripe or apple which probably has like 30%.