ARB 0.00% $37.84 arb corporation limited.

Ann: Half Yearly Report and Accounts, page-34

  1. 2,168 Posts.
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    ARB
    Outlines
    Debt to Equity ratio 0.21
    Current Ratio 5.79
    Equity liquidity ratio 0.83
    PE 49.69
    PE yield 2.01%
    P/FCF 48.62
    P/FCF yield 2.06%
    Total Cash $3,054,000

    . Its price to free cash flow and its yields are WEAK.

    . PE yield is alright but I'm afraid the company won't archive its increase in earnings growth and sales growth.

    .Company expanded too quickly in the last quarter and it was totally relied on its cash hedging contracts to foreign currencies due to a lower AUD.

    . Company reported the numbers of new car sold in the US make it difficult to archive sales growth.

    . The company wont be able to gain in favor of rising AUD that could be a negative impact on its balance sheet.

    . LOW in debted ARB could be able to borrow more to increase its balance sheet but I don't think the company will expand more because warehouses are at full capacity. Higher AUD won't help its sales growth at all.

    Wait and see approach for me.
 
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