This question and response from TOPSTOCKS - CEO in the spotlight :-
Question : This year is the 10 year anniveresary for JUM and in that time there has been a lot of effort put into building the business - JUM has now over 250,000 customers and has been profitable now for the last three years and with the acquisition of TMS this really does add a lot of value to JUM . I am wondering what you believe to be a true realistic market capitalisation for the company now ???
Response From CEO: That's a tricky question which is difficult to answer because I am clearly in a biased position. The upcoming results should give investors a good idea at how we have been tracking and then its a matter of deciding what you believe a competitive PE ratio should be. 50 is common in the US and a few ASX companies are also that high. 20-30 is a common range for a high growth company with 10-20 for more mature stocks. Also keep in mind whether you are looking at forward PE or historical, and also if its based on NPAT or EBITDA. I think EBITDA for the year ahead is the best measure.
JUM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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