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Welcome to our blog – a place to discuss and exchange thoughts and ideas about iX-7 Asset Management SA, the stock markets and all matters relating to wealth management.
The Figma acquisition has gone off the table; hence the valuation has derated too on an EV/FCF basis. Yet, its underlying business is solid, and the company has a relatively tight grip on its customer base which has little to no alternatives. The company has therefore some pricing power, and given this, the valuation is relatively attractive as of now.
Knowledge is power.