Your comment made me realize I had made my favourite mistake when analyzing MLX: my CF/MC calcs use 100% CF, not MLX's 50% share, so those the CF/MC yield is actually 15%.
IMO, the BB limit should be based on valuation, not an arbitrary price level. Annualizing the Q4E CF we get a CF/EV of 56%. There is nothing more accretive to shareholder value than buying back shares at that valuation.
4Q2024 Valuation, page-3
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
48.8¢ |
Change
-0.008(1.52%) |
Mkt cap ! $434.8M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 49.0¢ | 47.8¢ | $971.0K | 2.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 78751 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 182182 | 13 |
View Market Depth
| Last trade - 10.55am 12/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |