Absolutely, but 30% CAGR for the next 10 years is a high target, but not impossible.
Even if PME achieved EPS of $11 in ten years time, what do you suppose the share price would be? $500? (Still a high PE of ~50).
Which means you'd get a CAGR of 8% on your share price.
Like I said, I'd be more comfortable buying in the sub $150 range. I doubt it'll get there though.
Ann: PME signs A$40M, 7-year contract with LucidHealth, page-19
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Last
$277.73 |
Change
0.690(0.25%) |
Mkt cap ! $28.84B | |||
| Open | High | Low | Value | Volume |
| $280.00 | $285.00 | $275.56 | $39.77M | 142.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 400 | $277.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $277.80 | 512 | 1 |
View Market Depth
| Last trade - 16.12pm 26/06/2025 (20 minute delay) ? |
| PME (ASX) Chart |