ZIP share price in focus
Founded in 2013, Zip Co is a financial technology company specialising in buy-now-pay-later (BNPL) services, a popular choice among retail consumers.
Zip enables customers to make purchases instantly and pay them off over interest-free instalments, offering a flexible and convenient payment option.
Operating globally, Zip has partnered with over 79,300 retailers and serves more than 6 million customers. In September 2020, the company expanded its presence in the US market by acquiring the BNPL provider Quadpay.
PME shares
Founded in 1983, Pro Medicus is a provider of radiology IT software serving hospitals, imaging centres and healthcare groups worldwide.
The company’s suite of products focuses on Radiology Information Systems (RIS), Picture Archiving and Communication Systems (PACS), and advanced visualization solutions. These tools support various functions, from patient scheduling and billing to rapid medical imaging interpretation and analysis.
Pro Medicus’ key value proposition lies in its flagship Visage software, which enables radiologists to remotely view large image files generated by X-rays on mobile devices. This capability allows diagnostic decisions to be made on-the-go, potentially improving patient outcomes by providing timely and accessible information.
ZIP share price valuation
As a growth company, some of the trends we might investigate from ZIP include revenue growth, profit growth, and return on equity (ROE). These measures can indicate the growth rates and prospects of the company, as well as their ability to generate returns from their assets.
Since 2021, ZIP has grown revenue at a rate of 75.7% per year to reach $868m in FY24. Over the same stretch of time, net profit has increased from -$678m to $6m. ZIP last reported a ROE of 1.8%.
Over the last 3 years, PME has increased revenue at a rate of 33.4% per year to hit $162m in FY24. Meanwhile, net profit has increased from $31m to $83m. PME’s last reported ROE was 50.7%.
Please keep in mind that context is important – these metrics give us some indication of company performance, but it’s just the start of valuing ZIP or PME shares. To learn more about valuation, check out one of our free online investing courses.
