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Fong Zhi Heng's avatar

Great read! I wanted to ask how u would look at valuation wise for this stock? Since it's trading at around 250x P/E?

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Lorenzo Bastianelli's avatar

Thank you! In my opinion, the company's valuation is compelling yet underappreciated. The P/E ratio is largely irrelevant for tech firms; I prefer focusing on free cash flow (FCF). With a P/FCF ratio of 78 and a discounted cash flow (DCF) analysis factoring in future growth, the stock's significant potential becomes even clearer. If my assessment is correct, FCF per share is poised to grow exponentially from here. NO FINANCIAL ADVICE :)

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DK's avatar

Great article! Looking forward to reading the rest of your views.

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Lorenzo Bastianelli's avatar

Thank you! $LMND update dropping soon. Also, check lorenzo2cents.com for my other articles on $HIMS, $CRWD, $RKLB and $ODD! 🔥

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