Yep, exactly the point I have been making for sometime. I have provided comparisons ratios of DPZ, MCD, Starbucks, etc. So can DMP get there? Definitely. The current forecasted earnings are valued the lowest possible ratios. Why ? No growth is expected? For Last 3 years it was true. On Friday last 5 weeks is growing at 4.3% for 5 weeks. That is not only time frame. At AGM they said first 17 weeks declined of 1.2% was noted. However now for 6 months HY 2025 it was down to 0.6%. That meant 9weeks it has grown by 0.7%. Altogether for last 14 weeks it has grown. So the signs are good and there is green shoots showing up. I am looking beyond $40 range to high forties.
DMP Price at posting:
$35.93 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)