$DNOW Inc (DNOW.US)$Revenue peaked in 2018, then declined fo...

逍遥投资派 commented on a stock · Jan 31, 2023 08:51

$DNOW Inc(DNOW.US)$Revenue peaked in 2018, then declined for two consecutive years, rebounding slightly by 1% in 2021. Operating profit was lost in 2020 and marginally profitable in 2021. Net profit was only relatively low in 2018 and 2021. Overall, it was still a loss for 5 years.

Revenue for the first three quarters of 2022 increased 32%, operating profit increased 16.7 times to 106 million yuan, and net profit reached 97 million yuan.

Currently, the price-earnings ratio is 13.9. If the net profit for the whole year reaches 130 million, the corresponding price-earnings ratio is 11.3, which is not attractive in terms of valuation.

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

See Original

Report

1817 Views

Comment

逍遥投资派

488Followers

32Following

2789Visitors