"the market seems to have missed what has been quite a steady growth story"
It also seems to have missed the outstanding growth that has occurred in North America. From North American revenue of only A$1M in FY19, Mader has proven its business model there with $132M in FY23, and $94M in only the last 6 months. Yet they have only started to scratch the surface. This makes it very hard to understand why the forward P/E level now (approx 25) is much lower than it was after the FY23 reports in August 2023, when it was nudging a forward P/E of 40. IMO any company achieving this sort of growth in NA should command quite a P/E premium for the growth rates on offer.
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Last
$5.40 |
Change
-0.300(5.26%) |
Mkt cap ! $1.062B |
Open | High | Low | Value | Volume |
$5.60 | $5.60 | $5.21 | $2.284M | 425.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1468 | $5.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.40 | 3133 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 320 | 5.360 |
2 | 1356 | 5.350 |
2 | 652 | 5.340 |
7 | 12964 | 5.330 |
3 | 463 | 5.320 |
Price($) | Vol. | No. |
---|---|---|
5.380 | 2049 | 8 |
5.390 | 250 | 1 |
5.400 | 2185 | 4 |
5.410 | 498 | 3 |
5.420 | 250 | 1 |
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