Hi there, thank you so much for this great write-up. I might be very late to the party but I've just one question. When calculating the Growth Adj. TEV / REV, aren't we technically "double-counting" the company's growth by dividing it by its underlying growth rate? I might have understood the rationale behind dividing the multiple by the corresponding growth rate.
P.s. I've read your post on Elastic NV and I really enjoyed it. Hope you guys continue posting the splendid work!
Hi there, thank you so much for this great write-up. I might be very late to the party but I've just one question. When calculating the Growth Adj. TEV / REV, aren't we technically "double-counting" the company's growth by dividing it by its underlying growth rate? I might have understood the rationale behind dividing the multiple by the corresponding growth rate.
P.s. I've read your post on Elastic NV and I really enjoyed it. Hope you guys continue posting the splendid work!
Hi there, thank you so much for this great write-up. I might be very late to the party but I've just one question. When calculating the Growth Adj. TEV / REV, aren't we technically "double-counting" the company's growth by dividing it by its underlying growth rate? I might have understood the rationale behind dividing the multiple by the corresponding growth rate.
P.s. I've read your post on Elastic NV and I really enjoyed it. Hope you guys continue posting the splendid work!
Hi there, thank you so much for this great write-up. I might be very late to the party but I've just one question. When calculating the Growth Adj. TEV / REV, aren't we technically "double-counting" the company's growth by dividing it by its underlying growth rate? I might have understood the rationale behind dividing the multiple by the corresponding growth rate.
P.s. I've read your post on Elastic NV and I really enjoyed it. Hope you guys continue posting the splendid work!