Mead Johnson's Greater China business, which is mostly made up of IF sales, made ~AUD$1.5b revenue last FY (per Reckitt's latest earnings report) and they're potentially selling it for only AUD$2.6b. That's quite a big valuation discrepancy between Mead Johnson's Greater China business and A2M which both made similar revenue last FY. A2M's EV is more than double that. I read somewhere that that's about half the price Reckitt paid for it in 2017.
I'm not sure how Mead Johnson make $1.5b in revenue in China. Their online sales look quite weak. Perhaps they have a large offline footprint?
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Last
$7.34 |
Change
0.120(1.66%) |
Mkt cap ! $5.314B | |||
| Open | High | Low | Value | Volume |
| $7.20 | $7.34 | $7.13 | $17.16M | 2.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1360 | $7.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.34 | 39998 | 2 |
View Market Depth
| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| A2M (ASX) Chart |