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by prewett
758 days ago
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At a price of $100m and net income of $8.9m, that would be a P/E of 11 and a dividend yield of 5.34%. Assuming limited net income growth, such as a large corporation such as Coca-Cola (KO), this is a great stock! KO is kind of the poster-child for a stable, terminal business (how much more Coca-Cola / soft drinks can the world drink?), and it has a P/E of 25 and a dividend yield of 3.1 %. But, in fact, Gumroad is likely to grow earnings (and presumably the dividend), so this is an even better deal. |
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