there has been so much written and said about valuations in tech stocks and it's always baffled me the APX gets mentioned in the same breath as others.
we did $46m earnings for first half and with our growth rate it's almost inconceivable that full year for 2019 will be less than $100m.
our trailing p/e is extremely conservative for a business with this track record of growth and dominant position in massive, fast growing market.
when you consider earnings for 2020 likely to be $150m+, and throw a forward p/e of 30, which is well and truly justified for this company, you see how we get to $40 very quickly.
now if we get to silly valuations like some other tech stocks then the mind really does boggle. Like we could go to $100 if we had the same froth as some peers lol
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Last
$2.05 |
Change
0.020(0.99%) |
Mkt cap ! $513.1M |
Open | High | Low | Value | Volume |
$2.03 | $2.14 | $2.02 | $15.13M | 7.295M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.06 | 73425 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 2.050 |
6 | 37550 | 2.040 |
3 | 34440 | 2.030 |
12 | 41785 | 2.020 |
12 | 47580 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.060 | 20000 | 1 |
2.070 | 10483 | 2 |
2.080 | 34205 | 3 |
2.090 | 15443 | 4 |
2.100 | 1972 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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