-
Share
1,940 Posts.
55
22/09/15
09:31
Share
Nightwatchman and others:
Using the method of valuation(see last investor presentation): market cap/revenue = multiple,
then sp = (Revenue x multple)/no. of shares.
Note that iproperty group(IPP) has a multiple of 24.8 in FY14.
Say we use a multiple of 20(as suggested by Nightwatchman), then based on FY15 for ibuynew alone, we get:
(1.65m x 20)/698m = 0.047 cps. This alone is higher than current sp!
Note: $1.65m is 50% of $3.3m(ibuynew revenue for FY15).
What is the FY15 revenue for BYO jet? I couldn't work this out. In FY14 it was $7.8m. DVI's share was 38.73% or $3.02m.
-