NOV 2.70% 3.8¢ novatti group limited

It’s not in your opinion it’s fact & I couldn’t agree more..21c...

  1. 1,099 Posts.
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    It’s not in your opinion it’s fact & I couldn’t agree more.

    .21c per share/ $72M Market Cap.

    $12M Cash
    = $60M Market Evaluation.

    $27M revenue / PS = 2.66 (Revenue possible $50M in 12 months).

    Net Tangible Asset Per Security = .11c ( 2x per security to price).

    Growth 50% YOY (+110% organic on core business/processing).

    Growth rate not factored in, along with principal licenses.

    in comparison-

    EML Payments

    $2.24 Per share / $885M Market Cap

    Cash in Bank - $86M (Market Priced at ($802M)

    Revenue $226M (Growing 20% YOY) PS/ 3.91

    Net tangible Asset Per Share - .076 (32x to security).



    Talk about value for both.

    Novatti is now in the ultra low risk range when you consider price to Net Tangible Asset Per Security.

    Main issue we have is we’re being priced as a BNPL company, which is an annoyance.



    DYOR

    Last edited by Tradingasx: 07/03/22
 
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