Curious about hedge funds' view on 'cheap' tech stocks. Used a basic stock screener to screen out the 'cheapest' technology stock and got this: CRTO
Market Cap: $647M
Enterprise Value: $304M
Net Income: $91M
FCF: $125M (after re-purchasing $59M of common stock)
EV/FCF: 2.4x (if not for re-purchase of common stock: 1.7x)
Sounds really cheap especially for a stock in the tech sector. Did some basic research and saw that the company is facing some issues regarding cookies.. but at that price and the company having large established clients, what gives? There may be other such companies around, but I'm curious what industry experts typically think of companies like this?