NFLX - Sony Trades At A Discount To Sum Of The Parts With Free Catalysts
- Sony's management continues to under-promise and over-deliver.
- Management has returned Sony to having its fortress balance sheet, and has been buying back under-valued stock.
- Sony has the most coherent vision in the EV market I've seen from a Japanese company, and the market is not rewarding this.
- Even after the rally, Sony is extremely undervalued.
- SOTP valuation shows the PlayStation business alone may be worth Sony's entire EV, get the rest of the businesses for free.
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Sony Trades At A Discount To Sum Of The Parts With Free Catalysts