cyph, The WTF business model is a service model where the asset is the brand recognition. They are a bit like real estate agents, where they bring buyers and sellers together, but because it is done via a web page they do not even have a shop front.
As a business, they seem to be ex growth. FCF varies but is in the range per year of $41m to $71m with an average of $53m and no increase over the past 6 years.
As a dividend stock - they are better than a term deposit.
At the current price it is fairly valued. Am waiting for some more cash in my SMSF before purchasing.
HT1
WTF Price at posting:
$3.92 Sentiment: None Disclosure: Not Held