Interesting Nearmap can sustain valuation of $650M Enterprise Value with total revenue of $54M in FY18 and ARR of $67M, suggesting multiple of 9.7 x ARR(or ACV). Nearmap is still loss-making like Catapult, losing $11M in FY18 (Catapult had loss of $17M in FY18 as comparison).
Catapult had revenue of $76M in FY18 and ARR of $53.4M and targeting to reach at least $64M by FY19. Even at ARR of $53.4M last year and using 9.7 multiple, it should be trading at $488M Enterprise Valuation today, which suggests a share price of $2.88 today considering Catapult has cash of $32M.
Significantly undervalued in my opinion considering that the nature of the recurring revenues for these 2 companies are quite similar and both operating in the tech space.
But no matter what I say...it will still stay below $1.10..because the market is inefficient..
Interesting Nearmap can sustain valuation of $650M Enterprise...
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CAT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.42 |
Change
0.030(0.88%) |
Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $3.41 | $3.51 | $3.34 | $5.142M | 1.509M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $3.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.47 | 6413 | 2 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| CAT (ASX) Chart |
