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79.0¢ pact group holdings ltd

Ann: 2023 Half-Year Results Presentation, page-18

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LightForce

3,698 Posts.

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16/02/23

13:17

Post #: 66287120
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Originally posted by madamswer: ↑

For context, listed packaging peer, ORA reported results today.

View attachment 5066209

Generally, it was a better quality result from a business that is generally of a higher quality than PHG.

The difference is that PGH trades at 7.5x P/E, while ORA's multiple is almost double that, at around 14x-15x.

But I don't believe PHG is only half the quality of ORA, maybe three-quarters of the quality.

So if the market is happy to pay 14x-15x for ORA, then I think a fair multiple for PGH should be around 11x.

...which translates into a share price for PGH of closer to $1.70 (or, $1.50, at a very minimum).

..

Expand

yes. I do think $2 is definitely not a hard to achieve target which is why I bought in big into this company. The earnings multiple need to grow as well as the earnings itself will grow

PGH Price at posting: $1.19 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 79.0¢		Change 0.000(0.00%)		Mkt cap ! $271.9M

Open	High	Low	Value	Volume
76.5¢	79.0¢	76.5¢	$451	579

Buyers (Bids)

No.	Vol.	Price($)
1	718	76.5¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	214	2

View Market Depth

No.	Vol.	Price($)
1	1000	0.765
1	50000	0.760
1	1329	0.750
2	1900	0.730
1	7187	0.705

Price($)	Vol.	No.
0.800	41967	3
0.840	2000	1
0.845	1714	2
0.850	2740	2
0.860	14205	2

Last trade - 16.10pm 15/07/2024 (20 minute delay)

PGH (ASX) Chart

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