DSE 1.48% $3.42 dropsuite limited

Sure we are unlikely to get to that valuation without a...

  1. 2,025 Posts.
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    Sure we are unlikely to get to that valuation without a cornerstone investor. But if we assume a 20%NPAT from Revenue mid to long term and a PE ratio of 50 (for a tech company grwoing rapidly sounds reasonable), then a valuation of 10 x revenue is a safe bet. I agree its not a cheap buy right now but there is room fot SP growth provided they can keep ARR going up by more than 50% and be EBITDA positive. The company could realistically achieve 20m ARR in 2 years time and should be valued at $200m when this happens. More or less depending on growth rate.
 
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Last
$3.42
Change
0.050(1.48%)
Mkt cap ! $238.9M
Open High Low Value Volume
$3.43 $3.49 $3.37 $27.75K 8.112K

Buyers (Bids)

No. Vol. Price($)
1 335 $3.42
 

Sellers (Offers)

Price($) Vol. No.
$3.53 11482 2
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
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