InvestorsHub Logo
Followers 104
Posts 522
Boards Moderated 0
Alias Born 06/13/2018

Re: JorgeSamosa post# 129080

Tuesday, 12/17/2019 6:47:23 PM

Tuesday, December 17, 2019 6:47:23 PM

Post# of 186029
And why don't you write about Beyond Meat (BYND) in the same list?

Using more or less your words, but comparing to this company:

BYND current Market Cap is 4.7B while VRUS is $42M. So their Market Cap is around 112X VRUS. But their Reveniue is 230M right now compared to the VRUS's conservative estimate of $59 Million. So their Revenue is 3.9 Times higher. So they have 120 X the market cap but just 3.9 times our revenue! Hmmm, something doesn't add up here. Either they are deeply overvalued or we are deeply undervalued or a combination of the two. Oh, but we could have sales at $100 million next year (no idea what BYND's are projected to be). But assuming BYND's growth goes to zero, that means their current sales are just 2.3X higher than our best case projected sales! And all this with a market cap 120 times higher. So everyone thinking we deserve to be trading at 25 cents next year, that would mean VRUS has a market cap of HALF A BILLION DOLLARS!!! That's ten times lower than BYND, while their sales would still be just 2.3 times VRUS. So maybe hold your horses on the low Price projections because based on others in the same industry they don't add up. Our Market Cap should be 4 times that half a Billion (10 times market cap of BYND Vs. VRUS divided 2.3 times BYND Revenue Vs. VRUS) if we use this logic. So in that scenario our Price should be around 1 dollar with the 2.3 B shares outstanding. Much better than previous projections, but for now I will keep 0.25 as my best estimate for 2020