NOV 2.90% 7.1¢ novatti group limited

No party, page-317

  1. 4,872 Posts.
    lightbulb Created with Sketch. 5649
    NOV at bargain price at the moment.

    NOV currently $40.638M MC - $21.9M cash - $12.27M (own 19.88% RKN) = $6.468M EV.

    $6.47M EV / $36.8M run rate revenue = x0.18.

    NOV $40.638M MC / $36.8M run rate revenue = x1.1.

    SMP has $419.38M MC / $77.8M FY23 revenue = x5.4.

    Marqueta has AUD $4.06B MC / $1.271B run rate revenue = x3.2.

    ZIP & others could be interested in a banking licence soon as NOV is cashflow break even.
 
watchlist Created with Sketch. Add NOV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.