At its current market capitalisation of 24.41 billion USD Pinterest Inc, the social networking company is undervalued.
In my opinion, Pinterest's intrinsic value is 75 billion USD or more than three times its current market capitalisation.
The world and social relationships with it is moving online. Pinterest, along with Facebook, LinkedIn and Snapchat is one of the four leading social networks. Pinterest's potential future growth, the digitisation of relationships, the advancement of women into the working life, the mega trend towards images and videos and Pinterest's current, be it mild, profitability, I think, ensures a bright future for the company.
In short, Pinterest has turned into a technology value investment currently.
No comments:
Post a Comment