On #NYKAA (FSN Ecom), even at the current mkt pls and assuming the most aggressive PAT estimate for FY24, it’s still trading at 178X. Just does not make sense.
A more reasonable PE is 45X which were given for high growth SAAS companies that were making profits. ONE
A more reasonable PE is 45X which were given for high growth SAAS companies that were making profits. ONE
https://twitter.com/vrk100/status/1615724465484369920
ONE big mistake investors made when accessing estimates of #NYKAA was that the Avg Ticket size in the DRHP was Rs2500-3000 whcih people didn’t realise was due to RICH people who were NOT able to shop abroad and BUYING sitting at home (Covid) ordering in Bulk.
One more thing, many of these people are now travelling and buying stuff. Or thier friends from overseas are getting it for them.
One more thing. People spent more on Trying out expensive stuff since they were saving money on Salons & Beauty Palor Services.
One more thing. People spent more on Trying out expensive stuff since they were saving money on Salons & Beauty Palor Services.
I warned about #NYKAA (FSN Ecom) several times.
https://twitter.com/thefactfindr/status/1527228713565233153
And finally this is by far the Most Important Thread on the fate of all cash burning platforms. The PE/VCs are running out of time. They will sell !
https://twitter.com/TheFactFindr/status/1595335503834144768
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