I had a quick look at the share prices of MND (Monadelphous Group) and WOR (Worley Parsons), and compared their fundamentals as shown below. I can’t figure out why MND, with what appears to have far better fundamentals yet should be have an inferior share price compared to WOR, which released their results yesterday. Comments please, and please DYOR. (Note: MND is expected to release their Full Year results on Tuesday, 20 August 2013). MND WOR Closing price ($) 19.12 22.65 Shares in issue 90.94m 243.46m P/E Ratio 10.72x 17.32x EPS (cents/sh) 178.44 130.8 Yield (%) 7.17 4.08 Dividend (cents/sh) 137 92.5 Cash+cash equivalent($)189m* 320m # Borrowings ($) 63m* 1,058m #
• * From half year report as at 31/12/2012 • # From Annual report as at 30/6/2013 • All other figures from CommSecIRESS (9:30am 15/08/2013)
MND Price at posting:
$19.12 Sentiment: Hold Disclosure: Held
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