We get calls from a lot of PE firms but I dont entertain them. (a) it would rob investors of the potential long-term upside (b) after a lot of thrashing around its unlikely to produce an up-front offer that is close to fair value. Most PE firms are chasing predictable recurring revenue at a discount to NPV/low IRR. For legacy software thats an ok deal but for a emerging enterprise software player like ATV its not. The offer would have to by $150M to consider it.
ATV peers on the ASX are WTC, TNE, OCL, GTK, HSN, DSE. As a ratio to revenue they trade at approx 35x, 12x, 10x, 5X, 3X, 5X repsectively which is a median of 8X so not far from the US 10.4X you mention.
Give me 8X on market any day.
Ann: ATV Quarterly Activities Report and Appendix 4C Jun-24, page-12
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ATV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $7.422M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.1¢ | 1.9¢ | $24.89K | 1.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1189340 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1047515 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ATV (ASX) Chart |