I used data from the June 2016 Cannacord report which I now believe is incorrect. They say that the Price / Free-Cash-Flow per Share in FY17 will be only 5.1 when the share price was $1.37. However, my check of this, using their free cash flow of $49M and total shares of 388M, gives free-cash-flow per share of 12.6cents. At a share price of $1.62, this equates to a Price / Free-Cash-Flow per Share of 12.9. This is still a very healthy free cash flow, and indicates to me that we should no longer think of TFS as having any cash generation problem.
- Forums
- ASX - By Stock
- TFC
- Ann: TFS to Issue US$250 million of New Senior Secured Notes-TFC.AX
Ann: TFS to Issue US$250 million of New Senior Secured Notes-TFC.AX, page-15
-
- There are more pages in this discussion • 4 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 TFC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online