ADA adacel technologies limited

Ann: FY16 Results Announcement-ADA.AX, page-4

  1. 5,245 Posts.
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    possibly, but I doubt it. This was over $3 when we didn't really know what we were going to achieve in these results, so if we are on a historical pe of 24, but pe before that was way, way higher and we've had the 135% increase in eps this year, lets be conservative and say we get just 50% increase on earnings for next year (personally I am hoping for a minimum of 80%), then we have an eps of 17c and a current pe of around 16, and on a fast growing company, this is quite conservative in my opinion. I would expect a forward looking pe to be around 25 while we are in fast growth mode, on this basis @ 17c eps, then I'm going with a share price to be reached in the next financial year $4.25

    All in my own opinion of course.
 
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