Groupon Crashes To A New Low...

Groupon stock

Remember when Groupon went public at $20 a share?

That was a long, long time ago.

(Well, actually, it was about 8 months ago).

In any event, now you can pick some up for less than $8.50 a share.

The company is valued at about $5 billion now, which seems pretty fair.

That’s about 2X this year’s revenue, which is still growing at an impressive clip over last year. And the company’s operations are profitable, both on an income statement and cash-flow basis.

And if Groupon’s business works over the long haul, which I still think it will, it’s a lot easier to get a decent return from this valuation than the one it went public at ($16 billion or something).

So, believe it or not, Groupon risk/reward here looks like it’s getting pretty attractive.

SEE ALSO: Goodbye, Groupon Investors, I’m Outta Here!!!

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

groupon sai-us