RE: Moving up this morning28 Aug 2020 18:22
When will it look cheap to you? When they update the earnings at the end of the year? Think you might have missed the boat by then. They are expecting EBITA to nearly triple last year ($5.8M - > $16.1M) for the first half of the year, with full-year expected to be in the range of $35-38M. And I think there is probably a good chance of an upward revision/surprise due to remote working (if you read their trading updates).
As we don't have the profit yet, we can work with the EV/EBITDA ratio instead. Taking the lower end of their given range we get: 311 / (35 / 1.33) = 11.8.
That isn't bad for a growth technology stock in a growing area (internet security). KAPE is profitable, has demonstrated organic and inorganic growth and has backers with deep pockets willing to help out. Once the market settles a little and we get our half-yearly update, we will comfortably see new highs.
ScottAJ