Using the projected Bizmoto revenue figure of $20M, it appears that PIL could be 8x undervalued when comparing the Market Cap and Revenue figures (Price to Sales [P/S] Ratio) to other similar companies (which have an average P/S of 11.83).
Projected PIL MC:
= Rev $20M x P/S 11.83
= $236M (8x current MC of $29.47M)
ie. a projected share price of 12c
That’s despite the fintec sector being out of favour currently. Using the P/S sector average of 41.1x from last year, PIL could be 32.2x undervalued when the sector rotates back into favour.
ie. projected MC of $822M (ie 27.9x current MC, with a share price of 41.8c)
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Price to Sales Ratio (P/S) Comparison:
EML: MC $1.236B / $192.22M Rev = P/S: 6.43x
PPH: MC $1.417B / $187.04M Rev = P/S: 7.58x
Z1P: MC $2.55B / $397.07M Rev = P/S: 6.42x
SZL: MC $604.69M / $104.03M Rev = P/S: 5.81x
IOU: MC $88.226M / $7.19M Rev = P/S: 12.27x
APT: MC $24.89B / $836.05M Rev = P/S: 29.77x
SPT: MC $133.772M / $9.19M Rev = P/S: 14.56
Mean P/S Ratio of the 7 companies listed above = P/S 11.83x.
These companies had a P/S of 41.1x last year.
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $19.09M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $9.874K | 1.139M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 6249949 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 5762396 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 6249949 | 0.008 |
19 | 11744430 | 0.007 |
22 | 11176992 | 0.006 |
20 | 15232589 | 0.005 |
9 | 6700001 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 5762396 | 10 |
0.010 | 7532706 | 13 |
0.011 | 5400645 | 12 |
0.012 | 9320756 | 9 |
0.013 | 8500000 | 6 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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