JCOM - Embedded Expectations Analysis - 2018 07 04
j2 Global, Inc. (JCOM:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) Earnings, with a 13.8x Uniform P/E. At these levels, the market has bearish expectations for the firm, but management is confident about their initiatives and growth potential in their fax businessSpecifically, management is confident in their initiatives to grow their cloud fax business, as well as their capabilities in the cloud fax business. Moreover, while they did generate highly questionable markers during their Q1 call, these were largely related to uncertainty in markets and smaller business lines, rather than broad outlook for the firm
j2 Global is holding company. Through its subsidiaries, the company provides internet services. The company manages its operations through two business segments: Cloud Services and Digital Media. The company's Cloud Services provides the following cloud services and solutions: fax; voice; backup; security; email marketing products; IP licensing; global network and operations; and customer support services. The company's Digital Media properties and services include the following: technology; gaming; healthcare; display and video advertising; and tools and services.
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