ZIP 1.71% $2.87 zip co limited..

this is not investment advice, but purely my thinking around...

  1. 1,010 Posts.
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    this is not investment advice, but purely my thinking around this stock and rationale for holding, so do with it as you see fit.
    zip is currently on track to bank about $400m in revenue in 2020-21, which means at this price it’s trading at about 8x revenue, which is low and undervalued. A more appropriate valuation for this company is about 12-15x revenue at the moment, meaning it could well be trading at 50% below its value. 2021-22 revenue could be $750m-$900m, maybe even more. Considering APT is trading around 27x revenue and even SZL is trading about 12x revenue, the stock is undervalued. Now that doesn’t mean it’ll correct anytime soon, however as long as the company is powering along well, which it seems to be, it’s just a waiting game.
    my best experience for this was buying SZL at IPO day and people heaped sh*t on it for 10 months, until, you know, it went up 400% to over $11. Was a long 10 months, but it got there in the end. I don’t hold SZL anymore, but this stock, if growth continues to go strongly, could certainly have a $12bln - $15bln market cap in the medium term.


 
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Last
$2.87
Change
-0.050(1.71%)
Mkt cap ! $3.747B
Open High Low Value Volume
$2.99 $3.02 $2.82 $37.30M 12.90M

Buyers (Bids)

No. Vol. Price($)
2 4400 $2.86
 

Sellers (Offers)

Price($) Vol. No.
$2.87 56094 6
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Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
ZIP (ASX) Chart
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