RE:RE:RELX PLC - comparisonyycblackgold wrote: yycblackgold wrote: Setti has referenced this vape company, market cap $47.5 billion, $340 MM in sales first 9 months 2020.
Assume $453 MM yearly sales, RELX trades at 105 x revenue.
Using $25,000 / day current revenue , $9.125 MM / year, using 105x revenue, gives a TAAT market cap of $958 MM or USD$10.31 / share or $13CAD/share!!!
This assumes revenue stays at current levels, no additional sales from bricks and mortars and CrossMark which is setti to start this week!
$100,000 over the weekend, so does this mean over 2 days ? If so the above should be at least valid or higher !
Using CAD$50,000 / day current revenue , $18.25 MM / year, using 105x revenue, gives a TAAT market cap of $1.916 Billion or $20.62CAD/share!!!