NEA 0.37% $2.71 nearmap ltd

I was looking at some simple comparison figures between Afterpay...

  1. 267 Posts.
    lightbulb Created with Sketch. 98
    I was looking at some simple comparison figures between Afterpay Touch (APT) & Nearmap (NEA) this morning at au.investing.com and wanted to share some findings.

    I've compared Nearmap to Afterpay Touch because both are on a RAPID GROWTH trajectory, hitting it BIG in the USA, both companies are yet to be profitable, and both have a "BlueSky" potential and hence are very difficult to valuate (especially on the upside).

    The only issue with Afterpay Touch is that there are now a few "Me Too" competitors such as ZIP and Splitit coming into the market, whereas Nearmap really do not face such competitive issues.

    APT last traded at $20.80
    APT Market Cap is $4.95 Billion
    APT Price to Sales ratio is 25.43
    https://au.investing.com/equities/afterpay-holdings-ltd-ratios

    NEA last traded at $2.98
    APT Market Cap is $1.32 Billion
    NEA Price to Sales ratio is 20.3
    https://au.investing.com/equities/nearmap-fpo-ratios

    So if Nearmap was to trade at a similar Price to Sales ratio of 25.43 then we will arrive at a share price of close to $3.73 for NEA.
    Being (25.43 / 20.3) * $2.98 = $3.73.
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist
(20min delay)
Last
$2.71
Change
0.010(0.37%)
Mkt cap ! $1.204B
Open High Low Value Volume
$2.70 $2.76 $2.70 $1.169M 429.0K

Buyers (Bids)

No. Vol. Price($)
7 5094 $2.71
 

Sellers (Offers)

Price($) Vol. No.
$2.72 14344 6
View Market Depth
Last update - 11.15am 22/03/2019 (20 minute delay) ?
(live)
Last
$2.71
  Change
0.010 ( 0.02 %)
Open High Low Volume
$2.71 $2.76 $2.71 104085
Last updated 11.37am 22/03/2019 (live) ?
NEA (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.