Megaport Ltd
MP1
Company Profile
Business description
Megaport is one of the world’s largest software-defined network service providers, enabling over 2,800 enterprise customers to connect to over 800 data centers in over 150 cities throughout the world. Megaport’s services mostly revolve around enabling enterprises to connect to cloud service providers, like Amazon Web Services, but it also offers services to enable businesses to connect across multiple data centers and to internet exchanges.
Contact
Sector
Technology
Stock type
Industry
Software - Infrastructure
Fiscal Year End
Employees
Megaport Ltd News & Analysis
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Why we’ve downgraded this ASX software player
Morningstar lowers our fair value estimate for Megaport by 16% after mispricing leads to a downgrade in capital allocation rating.
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Hard times continue for former ASX highflyer
We lower our fair value and believe the company is in an uncompetitive position but shares screen as undervalued due to investor pessimism.
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Morningstar Investment Ideas
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