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UBS backs India's richly valued internet stocks
Original: India’s internet stocks trade at 30-50x EBITDA. UBS says growth can still pay for the premium
India's internet stocks trade at 30-50 times EBITDA, among the richest valuations in global markets. UBS argues the premium is justified, saying the sector's strong growth trajectory can still pay for elevated multiples. The call comes as investors debate whether Indian internet names, including leading e-commerce and digital platforms, have run ahead of fundamentals.
Why now: UBS's defence of steep valuations is drawing attention amid ongoing debate over whether Indian internet stocks are overpriced.
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- India’s internet stocks trade at 30-50x EBITDA. UBS says growth can still pay for the premium · TradingView
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