Fastned market cap EUR 470 million (down 33%)
Gross profit of EUR 5m in 2020EUR 9m 2021EUR 20,5m 2022EUR 42m 2023EUR 75m? 2024 EUR 130m? 2025?
Risk of more competition from petrol stations like Shell and OEM like Tesla?
At a share price of EUR 25 per share and a market cap of EUR 470, Fastned shares seem to be a bit less expensive today than a year ago.
In a few years, the company should be making a net profit of EUR 30 million to justify this stock price. Without growth expenses, the company seems to be profitable now. Too difficult pile. Not for the Graham Defensive investor.
Gross profit of
EUR 5m in 2020
EUR 9m 2021
EUR 20,5m 2022
EUR 42m 2023
EUR 75m? 2024
EUR 130m? 2025?
Risk of more competition from petrol stations like Shell and OEM like Tesla?
At a share price of EUR 25 per share and a market cap of EUR 470, Fastned shares seem to be a bit less expensive today than a year ago.
In a few years, the company should be making a net profit of EUR 30 million to justify this stock price. Without growth expenses, the company seems to be profitable now. Too difficult pile. Not for the Graham Defensive investor.
Monday, April 04, 2022
Fastned market cap EUR 700 million
Gross profit of
EUR 5m in 2020
EUR 9m 2021
EUR 18m? 2022
EUR 36m? 2023
EUR 70m? 2024
EUR 120m? 2025?
Risk of more competition from petrol stations like Shell and OEM like Tesla?
At a share price of EUR 42 per share and a market cap of EUR 700, Fastned shares seem to be expensive today.
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