Price to Sales of Spacetalk shows significant undervalue. With revenue of $17.8m and a market cap of $14m, the company has less than 1 for a P/S ratio. This could be explained with the historic share dumping by Regal, and recent concerns of cash flow. With the recent quarter showing positive cash flow, I wouldn't be surprised to see the share price normalise significantly upwards. There is still lots of growth available via all business channels that Spacetalk are involved in, so a future forecast P/S ratio is even lower.
Comparison with other companies in similar sectors on ASX:
Life360 - 7.7x P/S
Amaysim - 2.2x P/S when sold to Optus for $250m
Others?
Ann: Appendix 4C and Quarterly Activities Report, page-37
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.31M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 602 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 274253 | 2 |
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