This week Tesserent, a ASX listed cyber security firm received an offer of $232m versus its market cap of $66m
As TNT operates in the IT space, albeit in a different sector it is interesting to compare valuations.
The TNT valuation of $232m is equivalent to a MC/Sales ratio of 1.36x
If we apply 1.36 ratio to IRI its equivalent MC would be $105m giving it an SP of $0.60 versus the latest SP of $0.345
At its sales peak in FY'20 of $111m it would give an equivalent market cap of $150m for a SP of $0.86
You never know what is around the corner.
This week Tesserent, a ASX listed cyber security firm received...
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Last
60.0¢ |
Change
-0.025(4.00%) |
Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 63.0¢ | 60.0¢ | $605.3K | 988.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27000 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 5927 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| IRI (ASX) Chart |