Yeah I think there are some interesting valuation mismatches going on - e.g. APT trading roughly 28-30x 2020-21 revenue, SZL trading roughly 10x 2020-21 (noting I'm using AUS fin years as parameters), but Zip I think currently is only about 8-9x 2020-21 revenue, noting I actually think they might get close to $350-$400m in revenue if Quadpay really takes off. I suppose it depends on what multiples the market thinks is reasonable, but I'd have thought about 15x for Zip isn't crazy, and if Quadpay really looks like a contender in the US, maybe even 20x revenue. The point of all that is to say I think you could argue it's currently undervalued.
Z1P - The Rise To $15.00, page-710
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.30 |
Change
0.045(1.38%) |
Mkt cap ! $4.328B | |||
| Open | High | Low | Value | Volume |
| $3.33 | $3.37 | $3.26 | $33.46M | 10.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 77385 | $3.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.30 | 97711 | 30 |
View Market Depth
| Last trade - 14.51pm 19/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |