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The Real Wojak
OP
:
Last time I checked they weren’t making $500M profit annually so that means it’s worth less than 10x that number. So at $5B it’s over valued unless they make $500M. Most banks only get a 5x PE so 10 is being generous
EZ_money
:
because they own a technology service provider you can add in future revenue and because this isn't just a bank you can call it Fintech, which again you can add in future growth. why don't you just come out and say it shortie
The Real Wojak OP : Last time I checked they weren’t making $500M profit annually so that means it’s worth less than 10x that number. So at $5B it’s over valued unless they make $500M. Most banks only get a 5x PE so 10 is being generous
EZ_money : because they own a technology service provider you can add in future revenue and because this isn't just a bank you can call it Fintech, which again you can add in future growth. why don't you just come out and say it shortie
Shroomie : you apparently love the company. invest already 6 bucks.. 5 bucks.. makes no difference down the road