ETOR, insanely trading at PE of ~8.5 and EV/EVITDA ~3.0
This company (ETOR) is growing user accounts at double digit rate and expanding into US market. A lot of cash on the balance sheet and no debt. Disciplined approach to growth. App has undergone a major beneficial overhaul and is now awesome. It has tools and social investing information integrated right into it that are well ahead of the curve. Irrational price drop recently and just a clear opportunity ahead. Buffered downside because it trades down another 50% it would be valued as less than the net cash on hand, yet a huge upside if growth continues and/or if crypto starts an upcycle. The business itself is not very dependent on crypto at this point, but I think the market still perceives it that way. It’s a double from here if it even just corrects to current fair value. Factor in growth and catalysts and it could be 3x or even 4x in the next 1-3 years. Net earnings and cash flow are positive and growing. If you can read income statements, balance sheets, and statements of cash flows, take a look at theirs.