Snap Inc, the owner of the Snapchat application fell almost 30 % on the NYSE stock market yesterday and is valued at 12.80 billion USD.
As far as I am concerned, Snap Inc's intrinsic value is 140 billion USD.
Because Snap Inc's main product Snapchat is an option on camera and video networking, Snap's market capitalisation is bound to be volatile.
Option valuation is notoriously difficult and Snap's stock price is a case I point.
However, Snapchat's youth appeal, still growing young user base, its great AI, artificial intelligence technology in processing photographs and videos makes Snap Inc deeply undervalued at the current market capitalisation level.
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