[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Next XXX Baggers [@Next100Baggers](/creator/twitter/Next100Baggers) on x 6301 followers Created: 2025-07-26 14:08:34 UTC Nice chart and solid momentum on your radar but let’s poke under the hood before penciling in $30+ and 300–400% gains: Valuation vs. peers At $16.50, ZETA sits at roughly 3.5X EV/Sales LTM and 21X EV/EBITDA on XX% margins Comparable martech names trade closer to 5–8X EV/Sales and 15–20X EV/EBITDA with stronger free cash flow yields Growth is slowing - You’ve got XX% YoY in FY24, but FY25 estimates drop to XX% - To justify a rerate, we need net revenue retention north of XXX% and cross sell pulling through Cash & cash burn $XXX M in cash is nice, but negative EBITDA still means cash isn’t free, real free cash flow conversion sits at 5–7% of sales Insiders buying is good confidence, but they often also sell into hype, watch insider net activity, not just gross buys The breakout trigger EBITDA margin inflection toward 25–30% (from 19%) Free cash flow yield sustainably above X% Net retention & upsell momentum on enterprise accounts Until we see those fundamentals tick, a 2X multiple expansion feels aggressive. Momentum can take shares higher, but durable returns hinge on real cash flow and margin proof points, keep an eye on those, and you’ll know when the “true breakout” is really in motion. XXXXX engagements  **Related Topics** [cash flow](/topic/cash-flow) [hood](/topic/hood) [radar](/topic/radar) [momentum](/topic/momentum) [Post Link](https://x.com/Next100Baggers/status/1949109595353338089)
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Next XXX Baggers @Next100Baggers on x 6301 followers
Created: 2025-07-26 14:08:34 UTC
Nice chart and solid momentum on your radar but let’s poke under the hood before penciling in $30+ and 300–400% gains:
Valuation vs. peers At $16.50, ZETA sits at roughly 3.5X EV/Sales LTM and 21X EV/EBITDA on XX% margins Comparable martech names trade closer to 5–8X EV/Sales and 15–20X EV/EBITDA with stronger free cash flow yields
Growth is slowing
- You’ve got XX% YoY in FY24, but FY25 estimates drop to XX%
- To justify a rerate, we need net revenue retention north of XXX% and cross sell pulling through
Cash & cash burn $XXX M in cash is nice, but negative EBITDA still means cash isn’t free, real free cash flow conversion sits at 5–7% of sales Insiders buying is good confidence, but they often also sell into hype, watch insider net activity, not just gross buys
The breakout trigger EBITDA margin inflection toward 25–30% (from 19%) Free cash flow yield sustainably above X% Net retention & upsell momentum on enterprise accounts
Until we see those fundamentals tick, a 2X multiple expansion feels aggressive. Momentum can take shares higher, but durable returns hinge on real cash flow and margin proof points, keep an eye on those, and you’ll know when the “true breakout” is really in motion.
XXXXX engagements
