@Klein-Anleger In the healthcare sector, I tend to focus on small biotech companies. Or even med Robotic. To be honest, I've never been interested in Hims.
@Tenbagger2024 Smart decision. Anyone looking at the balance sheet will see from the Beneish M-Score of 1.25 and the massive SBC dilution (45% of FCF!) that there is a lot of illusion here. If ROIC is below WACC, growth is an illusion. I stick with real quality like $GAW - the mathematical necessities are right.
@Klein-Anleger Oh, that's right, if I invest, the ROIC would be 30%, the Beneish M-Score "save" and the debt gone. Of course I didn't know that... 😂 (Arguments have to be learned, ad hominems don't)
@Klein-Anleger You're absolutely right: a stake in a company that destroys value (ROIC < WACC) doesn't actually bring me anything - except a loss of capital. 😉
Whether you see technical terms as 'flex' or as the necessary tools of an analyst is up to you. I prefer to keep focusing on the math of AAA quality. Good luck with the 'bottoming out'! thats Live... 🫡🦅
@Johannes001 PS: think about how much capital Amazon burned in the beginning to build a global brand... $AMZN Unfortunately, companies are a bit more complex than can be fully captured with just a few valuation ratios 👍
@Johannes001 I took a look at the company many months ago. And had to look at the margins several times. It's really crazy what they earn on the small figures
