Oatly, a strong buy due to price to sales ratio and without true competitor in its category
$Oatly Group AB (OTLY.US)$
Based on its guidance of at least $635 million in revenue this year, the stock now trades at a price-to-sales ratio of about 8, which is a incredible steal for consumer goods stock.
Based on its guidance of at least $635 million in revenue this year, the stock now trades at a price-to-sales ratio of about 8, which is a incredible steal for consumer goods stock.
Oatly has no true peer/competitor in the oat-milk category, but WhiteWave, the owner of Silk soy milk and other alternative milk brands, was purchased by Danone in 2017 for $12.5 billion with about $4 billion in annual sales, showing that there is a precedent for successful alternative milk brands.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
