The market liked for the Q3 sales beat and the upward revision of revenue guidance for the year. At the current 2.1x FY21 EV/sales vs. peers at 3.8x, we believe the valuation is still attractive at this time.
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Third sales guidance upgrade
The market liked for the Q3 sales beat and the upward revision of revenue guidance for the year. At the current 2.1x FY21 EV/sales vs. peers at 3.8x, we believe the valuation is still attractive at this time.