Gartner Inc, the American technology research and consulting firm is undervalued, according to Wolfteam Ltd.'s projections and estimates.
Gartner Inc with 5.91 billion USD revenue, growing at 7.87 % and net profit margin of 14.94 % for the 2023 calendar year has an intrinsic value of 43 billion USD, compared with Gartner's current market capitalization of 33.55 billion USD. Gartner's revenue growth is very fast and it supports a higher market capitalization than currently. In addition, Garner Inc is very profitable.
Here is an excerpt from Gartner's first quarter 2024 earnings:
Gartner Reports First Quarter 2024 Financial Results
Contract Value $4.9 billion, +6.9% YoY FX Neutral
FIRST QUARTER 2024 HIGHLIGHTS
• Revenues: $1.5 billion, +4.5% as reported; +4.6% FX neutral.
• Net income: $211 million, -28.8% as reported; adjusted EBITDA: $382 million, +0.8% as reported, +1.7%
FX neutral.
• Diluted EPS: $2.67, -27.4%; adjusted EPS: $2.93, +1.7%.
• Operating cash flow: $189 million, +14.7%; free cash flow: $166 million, +15.8%.
• Repurchased 0.5 million common shares for $225 million.
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