$VeriSign (VRSN.US)$Excluded from the inventory in Autumn 20...

Listed in 1998, mainly engaged in domain name signing business, with 65% of the market in the USA, and the current price is 199.1.

Revenue has continued to grow over the past 5 years, with an average growth rate of 4.1%. Operating profit has continued to grow, with an average growth rate of 5.9%. Net income has grown in the first 3 years, but has shrunk for the past two years due to fluctuation in tax. The 5-year average growth rate is 8.1%. Due to share buyback and cancellation, the average EPS growth rate for 5 years has reached 11.3%.

In 2022, interest expenses accounted for 6.4% of operating profit, and the interest burden is normal. The gross margin has increased from 84.2% to 85.9% over the past 5 years.

Revenue growth in the first three quarters of 2023 was 5.4%, operating profit growth was 6.7%, and net income growth was 11.9%.

Currently, the PE ratio is 31.9, TTM PE ratio is 28.4, and there is not much attractiveness compared to the long-term growth rate.