Jul. 3 at 5:01 AM
$SITM
Base case DCF assumes that SITM realizes 10B rev/yr by 2030
(One way to get there is to grow rev 100%/yr for next 5 yrs lol).
Also assumes that they keep investments in PPE under control, modest amortization of their assets, stay smart with their tax situation, control cost of capital, and avoid dilution.
Could be more pain ahead unless they can find more customers soon.
Assuming they do... Fair Value is over
$1,100/share