Zip Pay snapshot
Market cap 6.5 billion
2020 profits 160 million
Share price 11.79
Movement 5.60 to 11.74 in a month.
Pe ratio 40
The first issue here is the pe ratio for this market segment is way too high, CBA and NAB are between 19 and 25.
The next issue is there will be a lot more regulation in regards to buy now pay latter stocks.
The third, A pe ratio this high would mean any future growth anticipated is already factored into the share price.
I believe this is overvalued by about 35%
unestablished, unregulated, over bought, recession,
Potential for an administrative nightmare chasing small credit in a recession.
price target 7.50
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 (20min delay)
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Last
$1.14 |
Change
0.020(1.79%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.16 | $1.13 | $47.93M | 42.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 179007 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 555537 | 3 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.15 |
Change
0.020 ( 1.16 %) |
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| Open | High | Low | Volume | ||
| $1.14 | $1.15 | $1.13 | 11515103 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| ZIP (ASX) Chart |