% | $
Quotes you view appear here for quick access.

Model N, Inc. Message Board

  • dstiestalabombe dstiestalabombe Nov 24, 2013 5:30 PM Flag

    How much is MODN worth?

    So given the projected revenue, loss in cash expected, products and technology, how much is MODN worth? the market cap is only 177 million.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • If they give us the projections for net income for the net five years, I can give you a valuation. Right now, at $20M projected loss for 2014 if sustained for the next 5 years will result in using up all the cash and consequently BK.

    • My guess is 3 x Revenues + Cash. 80M x 3 + 100M = $340M, or almost $14 per share.

      Their SaaS and Maintenance revenues are around $50M per year.
      That alone brings their takeover value close to $400M.

      We shall See,

      The Gunner

      Sentiment: Buy

    • At the very least 3 x Sales + Cash that brings them to $80M x 3 + $100M = $340M or $13.6 per share.

      Their SaaS and Maintenance revenues, i.e. recurring revenues are at $50M per year.
      That is without selling a single new license. If someone buys Model N, and just keeps the SaaS and Maintenance and cuts everything else, the bottom line will be close to $40M in net profit.

      Make your own calculations based on the maintenance and Saas revenues alone.

      My guess the company can fetch a value of $300M no problem but it won't fly with the recent IPO pricing.

      The Gunner

      Sentiment: Buy

10.75-0.11(-1.01%)Aug 26 4:02 PMEDT