@aleabitoredditMar 26, 2026 · 7:36 AM

@Focussed_Swings As for $VLN, I don't think I'm wrong. But markets clearly disagree with my opnion. I've learned two things: - Some stocks like Japanese ones can trade way under book value - Markets don't like stocks from Israel like $ETOR for some reason (lost a lot on that too). I still think it's undervalued. Net assets ($92.6M pure cash) vs. $132M MC. Net assets is $105M with zero debt. So EV is ~$27M? For a growing company with 60% GAAP gross margins on $70.6M FY 2025 revenue. So valuation looks stupid. But somehow stocks operate that way.

@aleabitoredditFeb 6, 2026 · 6:07 PM

$ETOR has gotta be one of the most undervalued companies on NASDAQ at this point. Feels like markets just forgot about it. $2.1B MC. Net cash $1.2B, no debt. So you're valuing the brokerage at $900m. Forward EV/EBITDA: ~2.6x... Most are valued at 10-15x+. In a couple years, Etoro will have more cash than their marketcap with their existing $1.2B cash pile. Net income per quarter (Q3) was $57 million. If you use that number growing forward... 3.9 years. Walmart is valued at 45 P/E now. Not to mention $ETOR is growing too. (eg. AUM 76%+ Y/Y).

@aleabitoredditJan 15, 2026 · 4:25 PM

$ETOR is trading at ~3.9x EV/FCF just putting that out there. $2.6B MC, $1.2B of it is in cash. Then they’re doing est. $350-$380m FCF for 2026, modeling 1% interest rate cuts. And growing too. Valuation seems a bit absurd when you have Walmart out there at 42.2 p/e. https://t.co/1k57wE5juP