I think with $1bil net assets, and $150mil earnings in the Aus...

First 4 Last

Share
Profile

Follow
Salubrious

6,826 Posts.

1805

02/09/20

12:32

Post #: 47019683
Share

Originally posted by JosephTseHK: ↑

As PlayPal (the Empire) has striked back, I am convinced the Australian BNPL companies (the Rebels) are in big risks today. I searched the internet and found an article, relevant to APT. According to UBS:

APT 12m price target: $28.25

Throughout the torrid rally in the BNPL sector, UBS has maintained a forward-looking 12-month price target on Afterpay of less than $30.

And following APT’s full-year results presentation yesterday, the bank’s latest valuation is $28.25 (up slightly from its previous forecast of $27).At the crux of the UBS view is what it says is the implied revenue growth baked into Afterpay’s current share price.In its FY20 results, Afterpay confirmed strong underlying sales growth of 112 per cent to $11.1bn. However, UBS said it would have to increase that by around 15x over the next five years to justify a valuation above $90.“Our view on fundamental valuation remains unchanged: we think the current share price factors in over $170bn in underlying sales by FY25,” UBS said.

Ref: https://unauthorised investment advice/tech/afterpay-sub-30-ubs-reckons-the-bnpl-leader-is-overvalued-by-70pc/

Expand

I think with $1bil net assets, and $150mil earnings in the Aus segment ex significant items. Fair value market cap perhaps ~$7bil - $15bil dependant upon sentiment towards forward earnings. soo, SP roughly $30 - $60 is far more realistic. SP is currently so bullish on continued growth.

APT Price at posting: $82.83 Sentiment: Sell Disclosure: Not Held
9 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

AII

Inside the depths of Panasqueira: A legacy carved in rock

VMM

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Trump just dropped a 200% tariff bomb. Here's how to cash in

CWX

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

AAU

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

ILU

Rare earths stocks surge as Pentagon buys big stake in US REE miner

LIS

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

I think with $1bil net assets, and $150mil earnings in the Aus...

Top Stories

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Inside the depths of Panasqueira: A legacy carved in rock

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Trump just dropped a 200% tariff bomb. Here's how to cash in

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

Rare earths stocks surge as Pentagon buys big stake in US REE miner

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

Featured News