Added to YB: 2024-05-28
Pitch date: 2024-05-24
CXZ.AX [bullish]
Connexion Mobility Ltd
-13.33%
current return
Author Info
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Company Info
Connexion Mobility Ltd develops and commercializes fleet management software for the automotive industry in Australia, the United States, Canada, and Mexico.
Market Cap
AUD 14.2M
Pitch Price
AUD 0.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.79
P/E
7.47
EV/Sales
0.92
Sector
Software
Category
growth
A high gross margin software company trading at a PE of 7 - Connexion Mobility Ltd
CXZ.AX: SaaS provider for GM dealerships. 64% 5Y rev CAGR, 30% 3Y avg ROIC. Mispriced at 6x EV/EBIT vs high growth & profitability. Risks: 99% sales from GM, slow expansion to other OEMs. Upside: Growing fleet mgmt market, strong management, buybacks. Reverse DCF & earnings heatmap suggest undervaluation.
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