May. 3 at 11:46 AM
$PYPL The Company has an interest coverage of 15X and Net Debt/EBITDA~0.2. It consistently grows at/around 5% top-line (5YR CAGR) at favorable margins (EBITDA~20, NM~15%). It trades at NTM P/E~9.5 and P/S~1.4. For whatever reason, the market continues to hold the SP at a discount to even traditional P/E measures (17). 50-100% upside on earnings reconciliation and/or fair value buyout, acquisition (IMO). 20-40% is more realistic on Bullish continuation, strong earnings and guidance (IMO). Earnings 5/05
