Valuation attempt.. GLA11 Aug 2020 20:59
Wow, how many new people on the board! SYME is getting around now. Busy old afternoon so missed most of the fun. I did post this morning working out some valuations last night. Just for fun..
If we take the 96 signed up and also the 272 in due diligence that gives us 368 companies.
I'm using pound signs but I think it should be Euros, we're near enough parity these days to get an idea.
This is just a projection on figures I've read.
If we use £40m as the average thats £14.72bn in potential revenue to be securitised.
2% of that is £294m
40% Margin for profit is £117,760,000
Divide that by 32,755m shares
Earnings per share of 0.0035p
PE of 10 = 3.5p per share.
PE of 20 = 7P per share
PE of 30= 10.5p per share
PE of 40= 14p per share