Serenity(@aleabitoreddit):Nah markets are trolling now… $ESMT ($2.3B MC) memory earnings + investor conference: - Revenue: $679.4M - Gross profit: $526.2M (77.44% margin) - Operating profit: $403.4M (59.37% margin) Annualized Q3 would be $1.61B operating profit. They’re also sitting on $757M net cash + $278M in inventory… So you only need ~3.5x more quarters until they exceed their marketcap in assets. - Economic Daily also reported that management does not expect a meaningful increase in DDR2/DDR3 supply in 2027 and believes prices can be maintained So yes, I think markets are trolling now with selling off a 1.59x p/e (annualized) company. Since further price hikes are expected Q4z

2026.11.03 05:47

Nah markets are trolling now… $ESMT ($2.3B MC) memory earnings + investor conference: - Revenue: $679.4M - Gross profit: $526.2M (77.44% margin) - Operating profit: $403.4M (59.37% margin) Annualized Q3 would be $1.61B operating profit. They’re also sitting on $757M net cash + $278M in inventory… So you only need ~3.5x more quarters until they exceed their marketcap in assets. - Economic Daily also reported that management does not expect a meaningful increase in DDR2/DDR3 supply in 2027 and believes prices can be maintained So yes, I think markets are trolling now with selling off a 1.59x p/e (annualized) company. Since further price hikes are expected Q4z