At <$3 billions; (with $0.5B in cash) PayTM is absurdly undervalued, atleast to me.
In my opinion, for a loss making company even if they have 3 billion cash in hand, it will be used for more ads, cashbacks which is effectively cash burning. What matters is how they use the cash in business that will help them generate net profits and FCF. What is their path to profitability going forward, considering their payments bank arm is in dire situation?
Disc – No holding, monitoring closely.
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