Panjang
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.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.