Snowflake (the leading data warehouse as a service provider) trades on a price to sales of about 200x. Megaport (the leading network as a service provider) trades on 30x. So 30x ARR is more than reasonable for the leading provider in a critical and growing XaaS space
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- I was wrong - 30x ARR is reasonable
MP1
megaport limited
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0.90%
!
$14.32

Snowflake (the leading data warehouse as a service provider)...
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Last
$14.32 |
Change
-0.130(0.90%) |
Mkt cap ! $2.323B |
Open | High | Low | Value | Volume |
$14.43 | $14.48 | $14.24 | $3.552M | 247.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14 | $14.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.33 | 346 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 230 | 14.320 |
12 | 1352 | 14.310 |
11 | 1151 | 14.300 |
10 | 1382 | 14.290 |
9 | 1511 | 14.280 |
Price($) | Vol. | No. |
---|---|---|
14.330 | 176 | 1 |
14.340 | 980 | 10 |
14.350 | 1057 | 11 |
14.360 | 1327 | 10 |
14.370 | 1104 | 7 |
Last trade - 12.59pm 18/09/2025 (20 minute delay) ? |
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MP1 (ASX) Chart |