metaplatforms (NASDAQ: GOAL), formerly known as Facebook, is a leading social media giant that owns Facebook, Instagram, WhatsApp, etc. The company is currently facing a number of hurdles, including slowing user growth, increased competition (TikTok), and a tepid market for advertising. this has turned out in Meta’s stock price being slaughtered and is now down 68% from its all-time highs in August 2021. To put things in perspective, Meta is trading at a similar price to 2016, but its revenue has skyrocketed higher. four times from $27.6 billion to $118 billion during that period. I think it’s “ridiculous” that the stock is trading at such a low multiple. In this post, I’m going to break down the reasons, their valuation, and the Metaverse investments. let’s dive in