Can someone tell me why Kraken Robotics is so undervalued ?
All these American companies are valued at crazy times EBIDTA (20 to 30 is the standard no) ?
But Kraken and Covelya’s net EBIDTA is 110 million. Trading 212 shows a market cap of 1.32 billions and it only 13 times.
I don’t get it, why do the American get to value their companies at ridiculous amounts ?