Friendly advice or well intentioned anyway. I would go a little bit further to find fair value than that.
A quick look at fundamentals for example will show debt levels and cash burn rates that may make it hard to justify.
If you look a little closer you will find the figures quoted were last analysed over 12 months ago.
A spike in trading could be there for any number of reasons but I doubt you will find it with FA.
I haven't looked and I am more than happy to be proved wrong. Just be careful how you asses fair value.
No intention to dull your enthusiasm but this one is not for me without big news.