NOV 7.89% 4.1¢ novatti group limited

Couldn't agree more. His valuation is deceivingly...

  1. 473 Posts.
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    Couldn't agree more. His valuation is deceivingly optimistic, no one values a company using a topline divided by SOI (as if to say cost doesn't exist).
    You either use a market adjusted P/S ratio to estimate the value of a loss making company or forecast it to a time horizon where it is generating profit and use DCF, which is the more accurate way.

    One thing I do agree though is there's substantial upside to the current SP level.
 
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4.1¢ 74239 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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