Aug. 13 at 3:29 PM
$SIMO
🚨 A little 'fun math' I did the other morning... 🚨
Currently, at
$245-ish, SIMO's F-P/E sits just under 21... (per Yahoo statistics tab)
Simo is currently growing revenue at
30%+ Sequentially (QoQ) with margins hovering around 50%.
If SIMO can maintain this growth rate for another 4Qs (one year), that F-P/E will drop to 7.35x (based on today's price).
For Context... It's an extremely rare case, to find companies that are growing revenue at 30% QoQ with 50% margins, but when you do find them, they typically trade at forward P/E valuations of 40x-60x+
You can take the math from there...
😉
