4 ms·
wacom has more than a thousand employees and had nearly a billion dollars in revenue last year their market cap is $150 billion https://craft.co/wacom https:/
by JohnHaugeland 5y ago
wacom has more than a thousand employees and had nearly a billion dollars in revenue last year
their market cap is $150 billion
https://craft.co/wacom https://craft.co/wacom
- Cyph0n 5y agoI did a double-take when I saw $150B. It’s actually ¥150B, so around $1.2B.
- robocat 5y agoWacom Revenue ¥108.5 B (2021), Market Capitalization ¥153.1 B I expected the market cap to be higher for that revenue, but Logitech Price/Sales ratio is 2.1, and Razer is 1.7 so maybe normal for that market?
- JohnHaugeland 5y agosorry, you're right i did actually convert in google; it's not clear to me how my error came to 125x that's a weird multiple
- ninjin 5y agoNo disagreement here, but to me 1,000 employees is small when talking about a hardware company that as far as I know does a very large part of the manufacturing in-house. Also, I think you forgot to convert JPY to USD, at the time of writing that means dividing by ~120 which makes the numbers less insane.