2024-05-28 12:20:32 ET
Summary
- Unity's valuation at 13 times next year's EBITDA is heavily adjusted and does not reflect the company's low free cash flow.
- The company's revenue growth rates are struggling to gain traction.
- The company has a history of diluting its shareholder base, which diminishes the attractiveness of this stock for me.
Investment Thesis
I appear to be one of the few investors who sees Unity Software ( U ) for what it is, a stock to be avoided....
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For further details see:
Unity Software: Don't Buy The Dip Here