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Is Well Chip’s lowest valuation among the 3 listed pawnshop group justifiable?
Well Chip traded at TTM PE 21x, while PPJACK (the first listed pawnshop group) and EMCC are traded at TTM PE 36x and 27x respectively.
Given that Well Chips is the largest pawnshop group by profit and market cap, could a higher valuation, say PE of 36x (Rm3.0) or 27x (Rm2.5) justifiable?