TOM2

Discussion in 'Stocks' started by Slainte, Sep 28, 2016.

  1. Slainte

    Slainte

    Just a tip.

    Tomtom(TOM2) the only independent map maker in the world is partnering with NVIDIA.
    This Dutch company is highly undervalued.

    http://finance.yahoo.com/news/nvidia-tomtom-develop-mapping-system-101026538.html

    Some highlights:

    TomTom's Automotive marketshare is expected to growth from currently 20% to 50% in 2020 (CEO Goddijn).

    TomTom's stock is undervaluated because of their shift from hardware (PND) to software&services (SAAS-businessmodel in Telematics and Maps).

    This shift is very very successful (leading in Telematics (700K subscribers so same seize as Fleetmatics but higher margins) and leading in real-time Traffic and fast growth in Maps) but because of extra development costs (OPEX) in the last couple of years not seen back in profitability yet.

    current stock price euro 8,43
    current asset value around euro 30 (Telematics and Maps)

    Cheers.
     
  2. Slainte

    Slainte

  3. vanzandt

    vanzandt

    Garmin's better.
     
  4. Slainte

    Slainte

    It's not about navigation, but HD-maps for self driving cars, roadDNA and telematics.
     
  5. vanzandt

    vanzandt

    Commoditized.