$DNOW Inc (DNOW.US)$Revenue peaked in 2018, then declined sl...
$DNOW Inc(DNOW.US$Revenue peaked in 2018, then declined slightly for two years, rebounding slightly by 1% in 2021. Operating profit lost in 2020 and slightly profitable in 2021. Net profit only had a small profit in 2018 and 2021. Overall, the 5 years were still in a loss state.
In the first three quarters of 2022, revenue increased 32%, operating profit increased 16.7 times to reach 106 million, and net profit reached 97 million.
The current price-earnings ratio is 13.9. If the annual net profit reaches 130 million, it corresponds to a price-earnings ratio of 11.3, which is unattractive in terms of valuation.
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