With so much emphasis on revenue , if did a comparison. Price to sales does not seem to have a meaningful correlation with price. Assuming a median P/S of 10 , then APT should be trading at 32$ , LBY at 1.92$ and SPT at 0.19$ ( this can be reality as well ).
|
| Zip | APT | LBY | SZL | SPT |
---|
1 | Revenue | 402.93 | 924.67 | 31.59 | 58.79 | 9.16 |
---|
2 | Price to Sales | 9.58 | 39.67 | 2.78 | 10.46 | 20.4 |
---|
3 | Share Price | 7.03 | 123.89 | 0.48 | 6.58 | 0.385 |
---|
4 | Market Cap | 3,861.87 | 36,684.00 | 87.23 | 1305 | 186.53 |
---|
5 | EBITDA | -79.00 | 38.73 | -27.94 | -31.9 | -35.43 |
---|
So underlying there are many factors regarding the future outlook that influences the market. Assuming that the existing factor stay constant and so is the market cap, i had adjusted the revenue to be in-line with refenitive's estimate ( only one analyst though ) , and then calculated the share price as a factor of P/S ratio.
![https://hotcopper.com.au/data/attachments/3575/3575328-eae045ffbd03b2940c215c712638a08a.jpg](https://hotcopper.com.au/data/attachments/3575/3575328-eae045ffbd03b2940c215c712638a08a.jpg)
![https://hotcopper.com.au/data/attachments/3575/3575330-acaec4669b47c9632499dc6418110280.jpg](https://hotcopper.com.au/data/attachments/3575/3575330-acaec4669b47c9632499dc6418110280.jpg)
The revenue estimation might be conservative but considering the estimates the share price has to 1.60$ rationally by FY 2022. If Splitit can increase their revenue than what was estimated , then Share price can march much higher. if the splitit share price drops lower , it might be a chance to dollar average.
Would like have the views of both long term holders and shorters.