$30m cash profit would be very good, which might be equivalent to 10 PE (if not for the accounting rules). That would be very cheap for a fast growing company.
I don't know whether $30m cash profit is realistic.
MNY with $480m market cap. Screenshot >6 months old.
MME with <$200m market cap.
MNY seems more mature, showing a strong (25%) NPAT margin. But other than that, MME shows very strong/undervalued numbers. Apparently greater scale than MNY already, and growing faster too, with more and more overlap in the same auto loans industry.
Being mature is a margin of safety however, as it proves that they're grown to where they are without taking on excessive risk.
Possibly MME is undervalued by >50% relative to MNY.
- Forums
- ASX - By Stock
- MME
- Ann: 4Q22 Trading Update Record Revenue And Secured Asset Scale
Ann: 4Q22 Trading Update Record Revenue And Secured Asset Scale, page-14
-
-
- 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)
Featured News
Add MME (ASX) to my watchlist
|
|||||
Last
7.7¢ |
Change
0.001(1.32%) |
Mkt cap ! $61.60M |
Open | High | Low | Value | Volume |
7.6¢ | 7.7¢ | 7.5¢ | $42.20K | 556.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 221433 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 173745 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 221433 | 0.076 |
1 | 13333 | 0.075 |
2 | 41399 | 0.070 |
2 | 80000 | 0.069 |
2 | 90757 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 173745 | 3 |
0.078 | 20000 | 1 |
0.079 | 290167 | 3 |
0.080 | 136109 | 6 |
0.081 | 50000 | 1 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
MME (ASX) Chart |