The company is more mature now and can't really justify a forward PE above 30. You have to remember that growth is now off a much larger revenue base than in previous years and therefore a more moderate growth should be expected from now on. For example, 25% revenue growth in FY19 is NZD$230m. In previous years, 25% revenue growth was a fraction of that. Gone are the days of triple digit revenue and profit growth.
is the high PE sell off finished ?, page-19
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Last
$7.12 |
Change
0.040(0.56%) |
Mkt cap ! $5.143B | |||
| Open | High | Low | Value | Volume |
| $7.24 | $7.25 | $7.08 | $16.70M | 2.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4397 | $7.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.12 | 1559 | 1 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$7.11 |
Change
0.040 ( 1.04 %) |
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| Open | High | Low | Volume | ||
| $7.25 | $7.25 | $7.07 | 680157 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| A2M (ASX) Chart |