Just read the lastest investor presentation and was most interested in what mulitples comparable e-commerce companies are trading at:
• eCommerce, digital and agency services
comparables trade on ~13x EBITDA and 2.2x
revenues - with eCommerce attracting robust
valuations!
• Relevant digital sector M&A transactions have been
priced at 13-43x EBITDA and 2-7x revenues!
• As a rough indicator, the proposed transaction value
prices Asia Pacific Digital at ~0.5x revenues!
Applying these same multiples to DIG and using DIG's pro-forma FY14 financials (Revenue of approx A$55m and underlying EBITDA of A$1.9m, and new number of shares - 1,800m) you can get share prices for DIG of anywhere between $0.01 and $0.21! It just shows the potential for DIG if they can get it right in Asia over the next couple of years.
Just read the lastest investor presentation and was most...
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