DSE 2.14% $4.29 dropsuite limited

Valuation

  1. 114 Posts.
    lightbulb Created with Sketch. 7
    Just reading through the LVT announcement today and drawing comparisons to DSE.

    Similar business models/industry, similar growth rates.

    DSE is however much closer to breakeven, more diversified customer base but trades at a discount to LVT.

    LVT currently trades on 16.6x annualized revenue compared to DSE at closer to 11x (based on 400 k customers at around $1 per month).

    At 16.6x, DSE should be trading at $0.166, which is >50% upside.

    Looks like there is still plenty of upside from here
 
watchlist Created with Sketch. Add DSE (ASX) to my watchlist
(20min delay)
Last
$4.29
Change
0.090(2.14%)
Mkt cap ! $239.5M
Open High Low Value Volume
$4.20 $4.48 $4.20 $270.4K 62.59K

Buyers (Bids)

No. Vol. Price($)
1 593 $4.28
 

Sellers (Offers)

Price($) Vol. No.
$4.40 650 1
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
DSE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.