My calculation is if the market decides PE of 80 is fair for EPS of $0.20 (15% increase from FY19 to FY20) then the SP would be around $16.. if PE of 100 > $20.
To give an comparison, CSL's EPS grows at a rate of 15% and its PE sits around 50.. At PE of 50, fair value for WTC would be around $11.
EPS for WTC has been growing at 30% hence why it's had PE of over 100 for a while now.. Now that the FY20 guidance was quite underwhelming, the market might re-adjust it's expectation and SP might come down to what's appropriate for PE of 50..
But in saying that FY20 guidance does not include a number of things.. any revenue coming from these things might boost actual revenue for FY20..DYOR, good luck to all holders
Ann: WTC 1H20 Results investor presentation, page-168
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Last
$100.33 |
Change
3.850(3.99%) |
Mkt cap ! $33.06B | |||
| Open | High | Low | Value | Volume |
| $98.97 | $100.35 | $98.95 | $12.45M | 125.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 100 | $100.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $100.35 | 8 | 2 |
View Market Depth
| Last trade - 11.56am 17/07/2024 (20 minute delay) ? |
| WTC (ASX) Chart |