Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Joy Spreader Group Inc., a marketing technology company, provides digital marketing and related services in Mainland China and Hong Kong. It operates through Provision of Performance Based We-Media Marketing Services; Sales of E-commerce Goods; and Others segments. The company offers performance-based we-media marketing services for various products, including e-commerce goods, mobile applications, mobile games, online literature, etc.; sells e-commerce goods; and offers culture related services. It is also involved in the trading business. The company was founded in 2008 and is headquartered in Beijing, the People’s Republic of China.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA.