AMZN is trading at 20 year trough forward EV/EBITDA multiples. Right now that is 10.3x forward EV/EBITDA. For reference, the 20 year average multiple is 18.23. Note the standard deviation lines on the multiple chart on the bottom right indicate that AMZN is trading nearly 2 sigma below the 20 year average multiple.
Only twice in past 20 years has valuation...
Hi Renny here back with a chart for you guys to check out.
50 dma can be seen to be crossing below the 200 dma.
Look what happened after the last time that happened in 2022...
You would have done well to take money off the table the last time the 50 dma crossed below the 200 dma.
What's your take? Is there more downside from here?
