"Cash flow per share is forecasted at 38c which makes it 7x.. thats the type of valuation you see in companies after GFC.. "
I completely agree that cashflow is certainly an important element in assessing a business.
Low cashflow = slow (or fast) death for any company.
Although I've always felt that the converse is not necessarily true (e.g high cash flow = great company).
I really think the profit on that cashflow needs to be assessed carefully.
For example I could start a business selling $100 dollar bills for $50.
My "cashflow" will be great, and likely growing very fast.
However my profit, likely dividends and long term survival as a business will not be not so promising.
So my question is S32 making a decent or even any profit on all the stuff it sells given (relatively) fixed costs and decreasing prices?
"Cash flow per share is forecasted at 38c which makes it 7x.....
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Last
$3.76 |
Change
0.010(0.27%) |
Mkt cap ! $17.03B | |||
| Open | High | Low | Value | Volume |
| $3.74 | $3.78 | $3.72 | $60.65M | 16.37M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 239212 | $3.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.77 | 288584 | 11 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$3.76 |
Change
0.010 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| $3.73 | $3.78 | $3.72 | 5393917 | ||
| Last updated 16.11pm 17/05/2024 ? | |||||
| S32 (ASX) Chart |