Yeah I think there are some interesting valuation mismatches going on - e.g. APT trading roughly 28-30x 2020-21 revenue, SZL trading roughly 10x 2020-21 (noting I'm using AUS fin years as parameters), but Zip I think currently is only about 8-9x 2020-21 revenue, noting I actually think they might get close to $350-$400m in revenue if Quadpay really takes off. I suppose it depends on what multiples the market thinks is reasonable, but I'd have thought about 15x for Zip isn't crazy, and if Quadpay really looks like a contender in the US, maybe even 20x revenue. The point of all that is to say I think you could argue it's currently undervalued.
Yeah I think there are some interesting valuation mismatches...
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Last
$1.70 |
Change
0.020(1.19%) |
Mkt cap ! $2.151B | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.73 | $1.64 | $28.18M | 16.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 99289 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 116269 | 2 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |