JIN consider this: JIN jumbo interactive is a company that owns an online lottery website called ozlotteries.com. The company recently got rid of a really badly losing software division that was holding this rapidly growing web based lottery business back. They have recently issued guidance of $4.4M NPAT FY11 and since the market capitalization is about $18M (March 2011) that means JIN is trading at 4 times FY11 NPAT (earnings PE 4) JIN revenues are growing at about 20%pa and the NPAT margin this year will be 6.3% Carsales.com has over the last ten years has got its NPAT margin to 38% (about six times as much as JIN will be this year) and REA 26%. Carsales.com started with a much lower margin too and because websites are a low cost business it means they can get their margins up to these heights like carsales.com. If the topline(Revenues) grows at 15%pa over the next 5 years it could mean that if management is good with cost control the bottom line (NPAT) could grow at 30%plus pa. Consider a potential 30% grower at PE 4 with a PE expansion to PE 12 (3 times).
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Last
$15.81 |
Change
-0.030(0.19%) |
Mkt cap ! $995.5M |
Open | High | Low | Value | Volume |
$15.89 | $16.00 | $15.68 | $3.010M | 190.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3499 | $15.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.85 | 448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3499 | 15.810 |
1 | 448 | 15.750 |
1 | 448 | 15.740 |
2 | 955 | 15.720 |
1 | 448 | 15.710 |
Price($) | Vol. | No. |
---|---|---|
15.850 | 448 | 1 |
15.860 | 448 | 1 |
15.880 | 448 | 1 |
15.890 | 448 | 1 |
16.000 | 2760 | 2 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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