ST1 5.08% 5.6¢ spirit technology solutions ltd

ST1 chart, page-209

  1. 6,740 Posts.
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    The current market cap of ST1 at ~$154m seems incredibly low as a multiple of its current revenue rate (annualised) which is $127.2m from the Q4 FY21 number. None of my other tech stocks come anywhere near this figure (MC/RRR = ~1.2). More commonly, the multiple is higher than 2. The forecast for the whole of FY22 is even better :

    https://hotcopper.com.au/data/attachments/3611/3611560-700cf51da7c45f63ee3b6a12ef0a1c8c.jpg

    ST1 appears to be on track to generate an annual revenue equal to its market cap. This stocks seems well and truly undervalued. Am I alone in thinking this ?

    All IMHO, DYOR

 
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Last
5.6¢
Change
-0.003(5.08%)
Mkt cap ! $104.8M
Open High Low Value Volume
5.6¢ 5.6¢ 5.6¢ $11.2K 200K

Buyers (Bids)

No. Vol. Price($)
2 296500 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 71253 1
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Last trade - 10.20am 04/10/2024 (20 minute delay) ?
ST1 (ASX) Chart
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