Even at this 'discount' their market cap is 2x their revenue, which doesn't sound so bad until you compare it to someone like Tyson foods who has a market cap that is 0.5x their revenue.
Given BYND isn't growing much and its got a bad cost structure, it's still 'expensive,' just less so than before.
Even at this 'discount' their market cap is 2x their revenue, which doesn't sound so bad until you compare it to someone like Tyson foods who has a market cap that is 0.5x their revenue.
Given BYND isn't growing much and its got a bad cost structure, it's still 'expensive,' just less so than before.