ZNO is currently trading on PE of 6. My guess for revenue for FY21 is $34m, based on 9 months of $27m sales revenue reported in last quarterly and $7m of precision hygiene revenue. I appreciate not all of this $7m will get booked in FY21 but you can conservatively assume there will be other B2B revenue.
On the above assumptions, NPAT might be circa 13m = EPS of 0.08, moving PE up to say 8 on current share price.
Procter and Gamble (largest cleaning product company) trades on a PE of 24.
It is not unreasonable to assume the market, whilst determining the company's earnings sustainability, would value this on a PE of say 14. this implies a share price of $1.15. I think we will hit this amount when results are released in August.
*speculative analysis. DYOR. my opinion only. not to be considered advice*
ZNO is currently trading on PE of 6. My guess for revenue for...
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