So the company is currently valued at A$4.3b.
Let's assume a normalised EBITDA margin of 20% in future years, which I think is reasonable. So on revenue of NZ$1.25b, that equates to A$168m profit (assuming 30% tax rate) or a PE multiple of ~26. So the company is still priced with a decent amount of growth already factored in. Anyone claiming the company is "cheap" or a "takeover target" is wrong, imo. That multiple isn't "cheap" and no one is going to make a takeover bid for A2M that values it on a PE multiple well north of 30. The fundamentals simply don't support it.
Media Updates, page-10100
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Last
$6.62 |
Change
-0.020(0.30%) |
Mkt cap ! $4.785B | |||
| Open | High | Low | Value | Volume |
| $6.61 | $6.66 | $6.58 | $9.227M | 1.395M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 9116 | $6.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 15913 | 28 |
View Market Depth
| Last trade - 15.24pm 20/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |