I feel like people should be happy to pay more than the current 14.5x P/E (13.2x if the cash is stripped out) for that picture.
But even if they don't, one still gets an annual increase in the value of one's capital of somewhere in the high-teens. Add to that the ~4% dividend, for a total investment return of ~20% pa.
And given the company's long track record of successful execution, that attractive investment return doesn't have too much accompanying risk.
.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$11.11 |
Change
0.110(1.00%) |
Mkt cap ! $360.5M | |||
| Open | High | Low | Value | Volume |
| $11.00 | $11.70 | $10.94 | $267.7K | 24.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200 | $11.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.10 | 2020 | 3 |
View Market Depth
| Last trade - 12.36pm 23/07/2025 (20 minute delay) ? |
| FID (ASX) Chart |