Question in my mind is when not if. How does A2 get there?
PE of 30x would require EPS of $3.33 per share or profit of $2400.
so based on profit margins of 35% they need to get sales to $6.8b which is 5x current levels.
how do they do this?
15% share of Chinese IF market which is equal to the current market leader. So based on disruption that is occurring should be 2 years away. That gives sales of $NZ3.1b.
USA - Win 10% share similar to Australian market. Sales added about $NZ1.5b
other products make up difference.
So not meant to be a ramp or justification to buy but rather the reason why I haven't sold a share for 2 years.
POWER OF COMPOUND BABY.
$100 stock
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Last
$6.23 |
Change
-0.040(0.64%) |
Mkt cap ! $4.507B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.27 | $6.20 | $4.889M | 784.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 5830 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 20058 | 19 |
View Market Depth
| Last trade - 15.48pm 13/05/2024 (20 minute delay) ? |
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Last
$6.24 |
Change
-0.040 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| $6.22 | $6.27 | $6.20 | 393918 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| A2M (ASX) Chart |