VeriSign: Hasn't Been This Cheap Since 2018
Verisign(VRSN) seekingalpha.com·2024-05-22 18:12
alengo/iStock via Getty Images How much would you be willing to pay a company with a free cash flow margin consistently above 50% and growing revenues for 16 years in a row? Probably a lot. What if I told you that the company in question has an NTM Market Cap / Free Cash Flow of only 18.65x? As you may have already guessed, this brief sketch refers to VeriSign (NASDAQ:VRSN), a well-known provider of domain name registry services. 33% far from its all-time high, investors seem to be less and less enthusiasti ...