In the auto and motorcyle sector, I like both MTO and NTD (tire distributor) which have a similar profile.
Both have limited organic growth, so they mainly rely on acquisitions for growth.
This year, they benefit from a significant rebound of their results thanks to the improvement of their respective sector, a large operating leverage and a high level of cash generation.
Their valuation look cheap with a free cash flow yield of 15 %+ both companies.
Surprising that there is not much discussion about MTO on HC.
Anyway, there are quite clever funds which support MTO, like WAM and Forager Fund.
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 (20min delay)
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Last
$3.43 |
Change
-0.170(4.72%) |
Mkt cap ! $253.8M | |||
| Open | High | Low | Value | Volume |
| $3.63 | $3.63 | $3.41 | $165.1K | 47.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1304 | $3.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 33 | 1 |
View Market Depth
| Last trade - 14.35pm 01/08/2025 (20 minute delay) ? |
| MTO (ASX) Chart |