Rationale- The last three years their revenue growth has been 10% every year. While their revenue is growing at that pace, their profit margin is growing alongside it, showing constant growth with increasing margins. Have made a big push into mobile and media, are seeing strong growth
I believe they can maintain strong revenue growth over the next 3 years. PE to maintain with what they are currently at and an expansion of profit margin based on their current trends. Several analysts were predicting a 42% profit margin which is not inline with the overall industry, I took the lower end of that at 27% which is their current net operating margin.
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