Sequoia Financial Group (ASX: SEQ) Growth Thesis Broken
Sequoia (ASX: SEQ) is profitable, cashflow positive, and increasing its dividend. But EPS will be weak in FY 2023.
Sequoia (ASX: SEQ) is profitable, cashflow positive, and increasing its dividend. But EPS will be weak in FY 2023.
The FY 2022 Sequoia Financial Groups results show revenue up but earnings per share quite flat as the company invests in future growth.
Sequoia Financial Group (ASX: SEQ) reported strong growth and has a very believable plan to keep it going for years to come.
Is Seqoia’s P/E ratio of around 16.5 too low considering this company is strongly cashflow positive, growing steadily and sitting on plenty of cash?