Internet Sector – Our ‘5.something’ Framework For Internet IPOs: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

With a barrage of internet companies about to hit the markets, ‘which model?’, ‘which vertical?’, ‘which company?’ etc. are currently the billion dollar questions for investors.

However, less important and ephemeral metrics (e.g. gross merchandise value, ‘near-term’ losses / valuations) are now commanding undue attention of the street / media.

Category adoption / brand building equals to or more than dented profitability (e.g. Amazon over 1994-2003) equals to or more than optically-bloated ‘near-term’ multiples (Google’s IPO was priced 120 times trailing earnings per share).

However, the more fundamental drivers of long-term scalability, sustainability and profitability are often overlooked.

Our ‘five point something’ framework tries to address this white space in the street’s thought process.

Click on the attachment to read the full report:

ICICI Securities Internet Five point something .pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button