JIN consider this: JIN jumbo interactive is a company that owns an online lottery website called ozlotteries.com. The company recently got rid of a really badly losing software division that was holding this rapidly growing web based lottery business back. They have recently issued guidance of $4.4M NPAT FY11 and since the market capitalization is about $18M (March 2011) that means JIN is trading at 4 times FY11 NPAT (earnings PE 4) JIN revenues are growing at about 20%pa and the NPAT margin this year will be 6.3% Carsales.com has over the last ten years has got its NPAT margin to 38% (about six times as much as JIN will be this year) and REA 26%. Carsales.com started with a much lower margin too and because websites are a low cost business it means they can get their margins up to these heights like carsales.com. If the topline(Revenues) grows at 15%pa over the next 5 years it could mean that if management is good with cost control the bottom line (NPAT) could grow at 30%plus pa. Consider a potential 30% grower at PE 4 with a PE expansion to PE 12 (3 times).
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Last
$16.36 |
Change
0.190(1.18%) |
Mkt cap ! $1.030B |
Open | High | Low | Value | Volume |
$16.11 | $16.36 | $15.84 | $3.457M | 213.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 502 | $16.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.36 | 500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 502 | 16.210 |
1 | 502 | 16.200 |
1 | 502 | 16.180 |
1 | 502 | 16.160 |
1 | 1200 | 15.950 |
Price($) | Vol. | No. |
---|---|---|
16.360 | 500 | 1 |
16.380 | 502 | 1 |
16.400 | 502 | 1 |
16.410 | 502 | 1 |
17.000 | 1000 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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