Anghami Inc. (NASDAQ:ANGH) Shares Slammed 45% But Getting In Cheap Might Be Difficult Regardless

Simply Wall St.05-02

The Anghami Inc. (NASDAQ:ANGH) share price has softened a substantial 45% over the previous 30 days, handing back much of the gains the stock has made lately. The drop over the last 30 days has ...

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The drop over the last 30 days has ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/media/nasdaq-angh/anghami/news/anghami-inc-nasdaqangh-shares-slammed-45-but-getting-in-chea\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Anghami Inc. 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(NASDAQ:ANGH) Shares Slammed 45% But Getting In Cheap Might Be Difficult Regardless\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-02 03:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/media/nasdaq-angh/anghami/news/anghami-inc-nasdaqangh-shares-slammed-45-but-getting-in-chea><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Anghami Inc. (NASDAQ:ANGH) share price has softened a substantial 45% over the previous 30 days, handing back much of the gains the stock has made lately.    The drop over the last 30 days has ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/media/nasdaq-angh/anghami/news/anghami-inc-nasdaqangh-shares-slammed-45-but-getting-in-chea\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://simplywall.st/stocks/us/media/nasdaq-angh/anghami/news/anghami-inc-nasdaqangh-shares-slammed-45-but-getting-in-chea","article_id":"2432974694","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/4313000-choice2-main-header/1585186808281"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432974694","pubTimestamp":1714593006,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"The Anghami Inc. ( NASDAQ:ANGH ) share price has softened a substantial 45% over the previous 30 days, handing back...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite","BK4108":"电影和娱乐","BK4588":"碎股","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","PSQ":"纳指反向ETF","NDAQ":"纳斯达克OMX交易所","TQQQ":"纳指三倍做多ETF","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","SQQQ":"纳指三倍做空ETF","QQQ":"纳指100ETF","QID":"纳指两倍做空ETF","BK4112":"金融交易所和数据","QLD":"纳指两倍做多ETF","BK4585":"ETF&股票定投概念","ANGH":"Anghami Inc."},"translate_title":"Anghami Inc.（纳斯达克：ANGH）股价猛跌45%，但无论如何都很难廉价入股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ANGH":1,".IXIC":1,"NDAQ":1,"TQQQ":0.6,"SQQQ":0.6,"QQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"The Anghami Inc. (NASDAQ:ANGH) share price has softened a substantial 45% over the previous 30 days, handing back much of the gains the stock has made lately.    The drop over the last 30 days has capped off a tough year for shareholders, with the share price down 25% in that time.    Although its price has dipped substantially, there still wouldn't be many who think Anghami's price-to-sales (or \"P/S\") ratio of 1.8x is worth a mention when the median P/S in the United States' Entertainment industry is similar at about 1.4x.  Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.      View our latest analysis for Anghami NasdaqGM:ANGH Price to Sales Ratio vs Industry May 1st 2024 How Anghami Has Been Performing  For example, consider that Anghami's financial performance has been poor lately as its revenue has been in decline.   It might be that many expect the company to put the disappointing revenue performance behind them over the coming period, which has kept the P/S from falling.  If not, then existing shareholders may be a little nervous about the viability of the share price.     Want the full picture on earnings, revenue and cash flow for the company? Then our free report on Anghami will help you shine a light on its historical performance.   Is There Some Revenue Growth Forecasted For Anghami?   The only time you'd be comfortable seeing a P/S like Anghami's is when the company's growth is tracking the industry closely.   Retrospectively, the last year delivered a frustrating 15% decrease to the company's top line.   Still, the latest three year period has seen an excellent 36% overall rise in revenue, in spite of its unsatisfying short-term performance.  So we can start by confirming that the company has generally done a very good job of growing revenue over that time, even though it had some hiccups along the way.     Comparing that to the industry, which is predicted to deliver 11% growth in the next 12 months, the company's momentum is pretty similar based on recent medium-term annualised revenue results.  With this information, we can see why Anghami is trading at a fairly similar P/S to the industry.  It seems most investors are expecting to see average growth rates continue into the future and are only willing to pay a moderate amount for the stock.    The Final Word  With its share price dropping off a cliff, the P/S for Anghami looks to be in line with the rest of the Entertainment industry.      We'd say the price-to-sales ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations.  As we've seen, Anghami's three-year revenue trends seem to be contributing to its P/S, given they look similar to current industry expectations.  With previous revenue trends that keep up with the current industry outlook, it's hard to justify the company's P/S ratio deviating much from it's current point.  Given the current circumstances, it seems improbable that the share price will experience any significant movement in either direction in the near future if recent medium-term revenue trends persist.      Don't forget that there may be other risks. For instance, we've identified 6 warning signs for Anghami  (5 are a bit concerning) you should be aware of.   If strong companies turning a profit tickle your fancy, then you'll want to check out this free list of interesting companies that trade on a low P/E (but have proven they can grow earnings). Valuation is complex, but we're helping make it simple.Find out whether Anghami is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432974694"}