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Workday to acquire Pipedream

newsroom.workday.com

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Re: Workday to acquire Pipedream

#35

Post by Esophagus4 »

airstrike wrote: post #25
Esophagus4 wrote: post #19

Earlier quoted context omitted.

I was gonna try to contradict you by looking up Workday’s multiple and showing that it is valued like an HR company, but holy smokes… Their multiple is 105 lol

their forward multiple is the only one that matters

Ah, well that brings the number back to reality.

Re: Workday to acquire Pipedream

#37

Post by nrhrjrjrjtntbt »

airstrike wrote: post #25
Esophagus4 wrote: post #19

Earlier quoted context omitted.

I was gonna try to contradict you by looking up Workday’s multiple and showing that it is valued like an HR company, but holy smokes… Their multiple is 105 lol

their forward multiple is the only one that matters

Well if we are using crystal balls then the future stock price is the only thing that matters.

Re: Workday to acquire Pipedream

#39

Post by airstrike »

nrhrjrjrjtntbt wrote: post #37
airstrike wrote: post #25

Earlier quoted context omitted.

their forward multiple is the only one that matters

Well if we are using crystal balls then the future stock price is the only thing that matters.

That's disingenuous and uninformed, sorry. You're trying to refute my claim but kind of just proving my point.

The current price is indeed an indication of what the market believes will happen to the company's performance. It doesn't matter if their estimates will eventually be proven right or wrong. Looking at forward P/E will serve precisely to express what the market's "crystal ball" is saying! That's what we want to know. What do people think this company is worth?

Conversely, the current price and their past earnings are not related, so dividing one by the other is mostly just noise.

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