$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
- Ann: 4Q22 Trading Update Record Revenue And Secured Asset Scale
$30m cash profit would be very good, which might be equivalent...
-
-
- 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
8.1¢ |
Change
-0.007(7.95%) |
Mkt cap ! $64.00M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.0¢ | $135.3K | 1.680M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 38663 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 14686 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26572 | 0.082 |
1 | 87009 | 0.081 |
1 | 40000 | 0.080 |
2 | 140217 | 0.078 |
1 | 60031 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 99000 | 1 |
0.089 | 114400 | 2 |
0.090 | 100000 | 1 |
0.095 | 80400 | 2 |
0.099 | 64727 | 1 |
Last trade - 15.02pm 12/08/2024 (20 minute delay) ? |
Featured News
MME (ASX) Chart |