PGC 2.30% 44.5¢ paragon care limited

happy holding, page-34

  1. 874 Posts.
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    I know PGC guidance has been dreadful for the past few years but if they do eventually meet it:

    $255m Revenue (240m + 7% organic)
    $33m EBITDA (13% margin)
    -$9m Depreciation Amortization
    -$6m Interest
    -$6m Tax
    $12m NPAT

    3x PE
    22% Gross Dividend (50% payout)

    Main concerns:
    - Debt (debt and vendor payables -$100m so 3x market cap)
    - Operating cashflow ($-8m in H1 and conversion has never been good)
    - One-off expenses to address continual issues
    - Currency and Supply Chain management
    Last edited by Mr-Chow: 23/03/20
 
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