Microvast Holdings (MVST)
Down over 64% in the past 6 months, Microvast is currently trading at $1.43 and is a serious bargain right now with a 1.1 price to sales.
| MVST | |
| Share Price | $ 1.43 |
| Revenue Per Share | $ 1.29 |
| Price to Sales | 1.1 |
| Revenue Growth (Forward 1yr) | 12.8% |
| PSG | 0.1 |
With forecasted revenue growth around 12.8% year over year it gives MVST stock a PSG ratio of 0.1 which indicates Microvast is incredibly undervalued. For reference, the S&P500 has a PSG ratio of 0.8; and lower is better when it comes to this ratio because it means high growth with a low relative valuation. MVST has beat its last 3 earnings calls and insiders are absolutely loading up on shares right now. For these reasons, we have rated Microvast a Buy with a +13% one year forecast and put it as a medium risk, high reward stock.
POET Technologies (POET)
Down around 27% year to date, POET presents a great buying opportunity given it’s projected 146% revenue upside over the next year.
| POET | |
| Share Price | $ 5.19 |
| Revenue Per Share | $ 0.01 |
| Price to Sales | 461.9 |
| Revenue Growth (Forward 1yr) | 146.0% |
| PSG | 3.2 |
At its current price and revenue, POET sports an eye-watering 462 price to sales – something we expect will continue to spike briefly before crashing down as their revenue improvements materialize. Given they have only just cracked the $1M revenue mark on a TTM basis we expect revenue to absolutely explode over the next couple years which will eventually bring that price to sales down to reasonable levels. However, a PSG ratio of 3.2 at this time really isn’t that bad given the maturity and position of POET stock. We put Poet Technologies as a Buy and have a +70% one year forecast. We have also rated this a high risk, high reward stock.
