iQSTEL Inc (IQST)

[dh_]

I agree, if it were that solid it would already be there. Also, its not even profitable as of last report.

I was just looking at those two acquisitions if they stood alone, and brought in the net income like the company projected. It's forward looking and there is much to prove.

But a company's growth rate can fuel a higher P/E than industry averages. WMT is not a comparison either in operation or growth rate. But your P/E of 7 is probably close to a rate for a similar telecom that is growing at more typical levels. SmartBiz and Whisl all by themselves may grow at a similar level. iQSTEL is growing higher through acquisition. It remains to be seen if they will also grow with their new products, but that is the plan.

Eventually company's that grow rapidly will begin to mature, and their P/E's will reflect that.