~ 3Pea Share Valuation ~
Using S&P Capital IQ's financial database software I was able to get a few things out for you guys. See below the thorough analysis.
Based on the closest industry comparables the software along with some of my own inputs calculated trading multiples, enterprise values, market cap, etc...
You will find below the range of valuations it calculated based on current info (note that the average of Low, Mean, Median, High ranges where all calculated based on industry info - I have included further below only the "Mean" Targets of each valuation method):
Mean Equity Value(MKT CAP.$MM) Across All Multiples -- Price Per Share
High 101.30 ______________________________________ $2.74
Low 31.71 _______________________________________ $0.86
Mean 56.57 ______________________________________ $1.53
Median 46.76 ______________________________________ $1.27
For your own info the trading valuations used are below (Mean Target Value in Brackets):
LTM TEV/Total Revenues (1.50$ based on avg. industry revenue multiplier of 5.1 times)
LTM TEV/EBITDA (1.30$ based on avg. EBITDA multiple of 15.9)
LTM TEV/EBIT (1.60$ based on EBIT multiple of 20.20)
LTM P/Diluted EPS ($2.44 based on a multiple of 36.3 and 0.07 eps - Yes the P/E in the card industry is exceptionally high - for your info Visa valued at a P/e of 47, planet payment 36, etc.. we have much room to go)
LTM P/TangBV (0.81 with 15.2 multiple).
As can be seen, this is just the start for 3Pea. The valuations above are simply as of "right now" meaning any further growth will simply propel the implied value even higher!
Best of Luck,
E.
