Aug. 24 at 9:33 PM
$AVPT At around
$13.24, AvePoint trades at an attractive discount relative to its cash flow baseline. The market currently prices the stock closer to a mid-tier SaaS vendor. However, given its pristine balance sheet (net cash position with no debt), ongoing share repurchases, and high cash conversion rate (~22%+ FCF margin), the cash flow baseline supports a fair value closer to
$19+ per share.