Hi readers, The name of this newsletter was inspired by Mohnish Pabrai, and his coined term, “Hidden Compounders”. These companies are what he classifies as the next Visa like investments that just happen to be uncovered. Learn more about his thought process
Hey I really enjoyed this post! You should do more write ups like this. Just subscribed!
Just a note about Tucows, I am researching it currently because of this post and finding it hard to justify the current valuation unless the IRR is low, like you mentioned a 5% discount rate/WACC in your article. Also finding it hard to predict future FCF because of the capital intensity of building out its fiber internet business. If you could do a deeper dive into that, that would be really cool. Also I would recommend trying to get this post on Value Investors Club.
Tucows (NAS: TCX) - A bet on CEO, Elliot Noss, and the company's DNA
Hey I really enjoyed this post! You should do more write ups like this. Just subscribed!
Just a note about Tucows, I am researching it currently because of this post and finding it hard to justify the current valuation unless the IRR is low, like you mentioned a 5% discount rate/WACC in your article. Also finding it hard to predict future FCF because of the capital intensity of building out its fiber internet business. If you could do a deeper dive into that, that would be really cool. Also I would recommend trying to get this post on Value Investors Club.
Thanks a lot dude!