Is Newegg Commerce Inc (NEGG) overvalued? · rev $21.4M
Newegg Commerce Inc (NEGG) is a internet retail company listed on US.
This page asks whether Newegg Commerce Inc (NEGG) looks expensive on cached numbers — not a short thesis.
Latest reported NEGG revenue for 2012-12-31 was $21.4M. Net income was $3.2M. Revenue was down 1.2% from 2011-12-31 to 2012-12-31. NEGG currently screens at market cap $959.1M.
NEGG currently screens at market cap $959.1M. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next NEGG 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the NEGG stock page for the full model, not this heading.
Not investment advice.