Compared to its competitor Farfetch (1HFY21 revenue of 1b) Cettire has 1HFY21 revenue of 50m. If we annualise those numbers then CTT is trading at an EV/SALES of around 7.5, whilst Farfetch is trading at an EV/SALES of around 8.
Their gross profit margins are similar so both their EV/GP would be similar.
Meanwhile CTT has faster growth, more products and better logistics, as well as other metrics like lower customer acquisition costs. I don't reckon it's overvalued.
I also like $RBL!!
cheers
Ann: Cettire Upgrades FY21 Prospectus forecasts, page-291
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Last
$2.14 |
Change
0.090(4.39%) |
Mkt cap ! $815.8M | |||
| Open | High | Low | Value | Volume |
| $2.06 | $2.16 | $2.02 | $2.412M | 1.151M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5219 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 6000 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| CTT (ASX) Chart |