"the market seems to have missed what has been quite a steady growth story"
It also seems to have missed the outstanding growth that has occurred in North America. From North American revenue of only A$1M in FY19, Mader has proven its business model there with $132M in FY23, and $94M in only the last 6 months. Yet they have only started to scratch the surface. This makes it very hard to understand why the forward P/E level now (approx 25) is much lower than it was after the FY23 reports in August 2023, when it was nudging a forward P/E of 40. IMO any company achieving this sort of growth in NA should command quite a P/E premium for the growth rates on offer.
- Forums
- ASX - By Stock
- MAD
- Ann: 1H FY24 Results Presentation
Ann: 1H FY24 Results Presentation, page-5
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAD (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.21 |
Change
-0.180(3.34%) |
Mkt cap ! $1.051B |
Open | High | Low | Value | Volume |
$5.42 | $5.45 | $5.18 | $365.1K | 69.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 766 | $5.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.27 | 386 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 766 | 5.210 |
1 | 386 | 5.200 |
1 | 386 | 5.190 |
1 | 386 | 5.180 |
1 | 100 | 5.160 |
Price($) | Vol. | No. |
---|---|---|
5.270 | 386 | 1 |
5.280 | 386 | 1 |
5.290 | 386 | 1 |
5.300 | 386 | 1 |
5.450 | 827 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
MAD (ASX) Chart |