WAF west african resources limited

Ann: WAF delivers $165 million NPAT for 2023, page-2

  1. 3,624 Posts.
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    What am I missing here? Is the sovereign risk the key?

    $241 profit + $86 (depreciation from Annual report) = $327 EBITDA give or take.

    This is therefore trading at an EV of 2.8x EBITDA??

    I know there is some funding facilities but assume this will fund assets anyway, not working capital.

 
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Last
$2.66
Change
0.050(1.92%)
Mkt cap ! $3.032B
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$2.68 62070 5
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Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
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