$PLTR

Explicit claim • strong conviction • basis: growth vs multiple

if you divide the PE ratio by the growth rate of the EPS, then their PEG ratio says it's less than 0.5. Friends and family, anything less than one is undervalued. When it's less than 0.5, it screams that it's a bargain.

Explicit claim • strong conviction • basis: explicit term

Now the next one, which is one that is also flat year to date, probably the most expensive one out there, Palanteer. You might think, are you absolutely crazy? No, I am not. Well, maybe a little bit according to some. This is a $400 billion company. A trillion P of 142 times. A forward one of 87.9 times. PEG ratio just under two.

Explicit claim • strong conviction • basis: growth vs multiple

not only because I thought that it was undervalued before this earnings call, but because it went above and beyond my own expectations.

Explicit claim • strong conviction • basis: multiple relative

At around $179, we're talking about a forward P that sits around 111 times. And in my DCF, my central assumption is 25% free cash flow growth. That gives me an intrinsic value of $170 versus where it sits today around $177. And this is where the risk becomes obvious at 20% growth, I get $122, 25170 at 3,234. And then when we take a look at the reverse DCF, in other words, today's stock price is already demanding roughly 24% annual free cash flow growth from here.