A2M 1.63% $6.64 the a2 milk company limited

Media Updates, page-10100

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    So the company is currently valued at A$4.3b.

    Let's assume a normalised EBITDA margin of 20% in future years, which I think is reasonable. So on revenue of NZ$1.25b, that equates to A$168m profit (assuming 30% tax rate) or a PE multiple of ~26. So the company is still priced with a decent amount of growth already factored in. Anyone claiming the company is "cheap" or a "takeover target" is wrong, imo. That multiple isn't "cheap" and no one is going to make a takeover bid for A2M that values it on a PE multiple well north of 30. The fundamentals simply don't support it.
 
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Last
$6.64
Change
-0.110(1.63%)
Mkt cap ! $4.800B
Open High Low Value Volume
$6.73 $6.73 $6.59 $9.976M 1.499M

Buyers (Bids)

No. Vol. Price($)
3 37684 $6.64
 

Sellers (Offers)

Price($) Vol. No.
$6.65 1001 1
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
A2M (ASX) Chart
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