$ CLPS - Required reading ❗

 

https://finviz.com/quote.ashx?t=CLPS  👆


Article.

May 18, 2018  ❗❗❗

❗2018 = Sales 48,9 ❗ ($ mln)   

Required reading ❗


" CLPS, 2018, IPO $ 5,25 : It Is Undervalued."


" I obtained an implied enterprise value of $160 million (1600 employees x 0.15x). Adding $4.8 million in cash and $10 million from the IPO, I obtained an implied equity of $174.8 million. Finally, dividing by 13.29 million shares (11.290 million shares + 2 million IPO shares), I got an implied stock price of $13 per share. "


I will assess the valuation of CLPS by taking into account the number of employees. The following is the number of workers employed by the company’s international peers:


Wipro (WIT) employs 162,553 workers and has an enterprise value of $21 billion. So, its EV/Employees ratio is 0.12x ($21,000 million/162,553 workers)


Tata Consultancy Services (OTCPK:TTNQY) has 394,998 workers and an enterprise value of $86 billion. Consequently, its EV/Employees ratio is 0.22x.


Infosys (INFY) has 204,107 employees and an enterprise value of 32 billion. I got an EV/Employees ratio of 0.15x.


With these numbers in mind, I will use an EV/Employees ratio of 0.1x because the company’s size is much smaller than that of its competitors.

I obtained an implied enterprise value of $160 million (1600 employees x 0.15x). Adding $4.8 million in cash and $10 million from the IPO, I obtained an implied equity of $174.8 million. Finally, dividing by 13.29 million shares (11.290 million shares + 2 million IPO shares), I got an implied stock price of $13 per share.


👇👇👇👇👇👇👇👇❗❗Required reading ❗

May 18, 2018  ❗👇 2018 = Sales 48,9 ❗$ mln

 https://seekingalpha.com/article/4175317-clps-ipo-is-undervalued-i-not-buyer

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Compare.

Mar. 04, 2022 ❗

2022 = Sales 155+ ❗$ mln

Required reading ❗

👇👇👇👇

CLPS Incorporation (CLPS) Q2 2022 Results - Earnings Call Transcript

CLPS Incorporation.

👉 Hong Kong

Mar. 04, 2022

" As of December 31, 2021, we had total numbers of employees of 3,667 " ❗

👇👇👇👇👇 Required reading ❗

https://seekingalpha.com/article/4493015-clps-incorporation-clps-q2-2022-results-earnings-call-transcript

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$clps    .....  Idiots?
..............   Really?

Interview, 2020. 👇
____

"Lin (CEO) hopes to see
$CLPS
grow to maintain a market cap of more than $ 10 billions."

$ 3.7 !! / share (8/14/21) x 155 !! 

= Market Cap $ 10B .........

= $ 574 / sh .......

👇
https://selectionnewyork.blogspot.com/2020/09/1-billion-market-cap.html


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