The analyst posted the video on YouTube via a YouTube channel called "9 Financial Analysis," expounding his investment view that Yoshi's shares are undervalued, and in the video reviewing the company's business operating performance and projections for its future prospects, estimating Yoshi's share price to be between $44.25 and $70.8 by 2024.
The analyst report shows that China's e-commerce retail scale will reach US$3.5 trillion in 2024, and Yaoshi Xinghui, as the leader of PGC live e-commerce, is in good financial condition and has high revenue growth. If Yaoshi Xinghui continues to maintain this growth rate, its service revenue of Yuexiang Mall is expected to reach 40 million USD by 2024. Due to the company's strategic focus on live e-commerce, the compound growth rate of advertising revenue will be relatively reduced to 35%, so it can be calculated that the advertising revenue in 2024 will be 350 million USD. If the net profit margin is maintained at 30%, then it can be calculated that net income in 2024 will be $117 million. Assuming that the total share capital of Yoshi Xinghui remains at 66 million shares in 2024, EPS would 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 the growth rate of its industry, so he concluded that by 2024, Yaoshi Xinghui's share price is expected to reach between $44.25 and $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 summary of the report is as follows:
Source: https: / /www.youtube.com/watch? v = sxQEH- -KOo4