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4.08% 47.0¢ appen limited

APX Multiples -- Are they 'Fair'?, page-18

  1. eric341
    7,594 Posts.
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    21/04/21
    10:49
    Post #: 52614825
    In response to the thread title - APX Multiple - are they fair?

    My answer is hell no, they are way over priced.

    APX doesn't deserve a PE of 43 when it's growing revenues at 15%.

    Plus, it's a glorified labour hire company.

    AI my left butt cheek.


    Last edited by eric341: 21/04/21
    APX Price at posting: $15.87 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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