The WiseTech Global Ltd (ASX: WTC) share price has been under pressure again this year.
At around $43.31, the share price is well below where it has traded in the past. That has brought valuation back into focus, especially for a company that has often traded at a premium.
When I look at it now, I think the investment opportunity is becoming even more compelling.
Here is why I believe there could be upside from here.
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The valuation looks very different now
WiseTech has historically been an expensive stock.
That has often made it difficult to justify buying, even with strong growth. But at current levels, that has changed.
Based on CommSec consensus estimates, the company is expected to generate earnings per…
