Interesting breakdown of GPN beneath the acquisition fog. I like how you separate narrative from fundamentals and frame this as a ROIC and capital allocation story rather than just a valuation call. At these levels it really feels like a “prove it” setup. What would be the key signal for you that management has truly shifted toward compounding instead of deal-making?
I’ve subscribed and would be happy to support each other.
Appreciate it. In my world, ROIC and growth drive value. I think they need to concentrate on improving ROIC, it's easier path towards delivering shareholder value.
Interesting breakdown of GPN beneath the acquisition fog. I like how you separate narrative from fundamentals and frame this as a ROIC and capital allocation story rather than just a valuation call. At these levels it really feels like a “prove it” setup. What would be the key signal for you that management has truly shifted toward compounding instead of deal-making?
I’ve subscribed and would be happy to support each other.
Jorrit
Appreciate it. In my world, ROIC and growth drive value. I think they need to concentrate on improving ROIC, it's easier path towards delivering shareholder value.