The analyst posted the video on Youtube through the Youtube channel called "9 Financial Analysis" (9 Financial Analysis), expounding his investment view that Yaoshi Xinghui's stock price is undervalued, and reviewing it in the video. The company's business operating performance and forecast its future prospects, it is expected that Yaoshi Xinghui's stock price will be between $44.25 and $70.8 by 2024.
According to the analyst's report, China's e-commerce retail scale will reach US $3.5 trillion in 2024, and Yaoshi Xinghui, as the leader of PGC live streaming e-commerce, has a good financial situation and rapid revenue growth. If Yaoshi Xinghui continues to maintain this growth rate, its Yuexiang Mall service revenue is expected to reach US $40 million by 2024, which is due to the company's strategic focus on live broadcast e-commerce, and the compound growth rate of advertising revenue will be relatively reduced to 35%, so it can be calculated that advertising revenue in 2024 will be US $350 million. If the net profit margin remains at 30%, it can be calculated that the net profit in 2024 will be $117 million. Assuming that the total share capital of Yaoshi Xinghui remains at 66 million shares in 2024, the EPS will be roughly $1.77.
Based on the above financial analysis, he also gave a reasonable PE multiple range of 25 to 40 for Yaoshi Xinghui's business model and industry growth rate, so he concluded that by 2024, Yaoshi Xinghui's stock price is expected to reach US $44.25 to US $70.80. At the same time, the analyst mentioned that Yaoshi Xinghui's current PE (TTM) is around 8, PS (TTM) is around 2, and PB (TTM) is around 2.3, and its value is undervalued.
The report is summarized as follows:
Source: https://www.youtube.com/watch? v = sxQEH--KOo4
Comments