Long
Razer: A Current 57% Discount to FV
Razer is riding this long-term channel nicely. Hopefully, we can break through the current pennant and head back towards the top. The recent annual earnings report has reassured my confidence in Razer's long-term growth.
~ They reported 25-45% growth in each portion of Razer's gaming ecosystem in FY2021: software, hardware, and monetization/payments.
~ GPM expansion led by higher margins within the hardware business, showing that demand is steady even with price increases. Higher margins = more earnings left over for shareholders and business augmentation.
~ The PV of cash flow estimates for the next ten years and terminal value has increased since Razer released their FY 2021 earnings, raising the FV to 0.74/share and offering a ~57% discount when observing the current price. Only time will tell if this valuation calculation is justified.
~ They reported 25-45% growth in each portion of Razer's gaming ecosystem in FY2021: software, hardware, and monetization/payments.
~ GPM expansion led by higher margins within the hardware business, showing that demand is steady even with price increases. Higher margins = more earnings left over for shareholders and business augmentation.
~ The PV of cash flow estimates for the next ten years and terminal value has increased since Razer released their FY 2021 earnings, raising the FV to 0.74/share and offering a ~57% discount when observing the current price. Only time will tell if this valuation calculation is justified.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.