- Identiv is a leading innovator in Radio-Frequency Identification, “RFID”, particularly Near-Field Communication, “NFC”.
- Compound annual sales growth of over +20-25% for several years with huge, near-term upside driven by opportunities in high-tech syringes and cannabis.
- As of May 12, 2021, INVE is trading at $14, a valuation of 3x Enterprise Value / 2022E Forward Sales of $120M.
- With high visibility for 20-25% sales growth, I believe the stock today is worth $26 based on 5x Forward Sales.
For further details see:
Identiv: Disrupting NFC In Needles And Cannabis