Let’s project into the future. Capricorns customers purchase around $3.2bn in parts from suppliers annually.
Agrichain have $2.2bn worth of grain “at any given time”. I’m unsure how many times this will be turned over but to be conservative, let’s say twice, so $4.4bn.
Approx $1bn in flows will be processed annually from Carpet Court.
$7.6bn in flows from the above, let’s say an average of 1.5% earned is about $114m in revenue.
Using a P/S ratio with a multiplier of 5, the SP would be around 13.5c. In saying that, the higher the revenue (and therefore profit), the higher the multiplier is likely to be. A multiplier of 10 would see the SP at 27c.
Bear in mind however, this is using figures recently released from the company and doesn’t take into account further potentially substantial revenue streams from Capricorn, Agrichain, eBev, other verticals, international expansion and so on.
All of this will take a number of years to eventuate, but given the company’s stated goal of processing $1bn in payments this financial year, it seems it may take off sooner rather than later.
@Alabamawhorley - keep up the good work pumping Agri chain and FSCO - employer will look after you
Beware newbies of paid trolls giving unlicensed financial advice
SPX Price at posting:
0.9¢ Sentiment: Sell Disclosure: Not Held
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