Am I crazy thinking Bumble ($BMBL) is completely under-valued right now?


So right now, Bumble ($16.23/share) makes about 1/4 the quarterly revenue Match Group Inc does. Is it safe to project then that it should be around a quarter the market cap of Match? Ok, so market cap for Match Group inc is $25B, so bumble should be maybe around $6.25B? Instead the market cap is at $2.1B, so about 1/3 where it should be theoretically, so realistically if we were to consider bumble on par with Match Group Inc, then the price should be around $48 per share?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *