Using the projected Bizmoto revenue figure of $20M, it appears that PIL could be 8x undervalued when comparing the Market Cap and Revenue figures (Price to Sales [P/S] Ratio) to other similar companies (which have an average P/S of 11.83).
Projected PIL MC:
= Rev $20M x P/S 11.83
= $236M (8x current MC of $29.47M)
ie. a projected share price of 12c
That’s despite the fintec sector being out of favour currently. Using the P/S sector average of 41.1x from last year, PIL could be 32.2x undervalued when the sector rotates back into favour.
ie. projected MC of $822M (ie 27.9x current MC, with a share price of 41.8c)
——-
Price to Sales Ratio (P/S) Comparison:
EML: MC $1.236B / $192.22M Rev = P/S: 6.43x
PPH: MC $1.417B / $187.04M Rev = P/S: 7.58x
Z1P: MC $2.55B / $397.07M Rev = P/S: 6.42x
SZL: MC $604.69M / $104.03M Rev = P/S: 5.81x
IOU: MC $88.226M / $7.19M Rev = P/S: 12.27x
APT: MC $24.89B / $836.05M Rev = P/S: 29.77x
SPT: MC $133.772M / $9.19M Rev = P/S: 14.56
Mean P/S Ratio of the 7 companies listed above = P/S 11.83x.
These companies had a P/S of 41.1x last year.
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Last
1.4¢ |
Change
0.002(16.7%) |
Mkt cap ! $27.57M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.3¢ | $43.29K | 3.315M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 7259879 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 5045489 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 7259879 | 0.013 |
10 | 12907267 | 0.012 |
12 | 17133544 | 0.011 |
3 | 1810000 | 0.010 |
9 | 4814088 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 5045489 | 9 |
0.015 | 11001000 | 8 |
0.016 | 3627062 | 5 |
0.017 | 3163079 | 5 |
0.019 | 1138996 | 4 |
Last trade - 13.59pm 11/07/2024 (20 minute delay) ? |
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PIL (ASX) Chart |