EV is $5.65 B Free cash flow for 2020 was $420M. That is an appoximate PE value of 13.4 (I know PE is calculated slightly differently but this is the metric I use) If I use Market cap $6 B / EBITDA $553 M its a PE of 10.84, again cheap.
You can change up the numbers slightly if you wish but if it can get back to 2020 numbers and show some growth I would think it looks cheap.
Thats why T/O could be coming imo.
Im interested in buying but its like catching a falling knife at the moment. They have to stabilise the sales and show some growth first.
In comparison Ive been looking at TWE. On valauation it appears expensive but they have hard assets that are worth alot which when taken into account makes them look very cheap. Once again they have to stabilise the business.
A2M, page-57
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Last
$7.18 |
Change
0.020(0.28%) |
Mkt cap ! $5.190B | |||
| Open | High | Low | Value | Volume |
| $7.18 | $7.23 | $7.13 | $12.81M | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3865 | $7.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 7121 | 7 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$7.18 |
Change
0.020 ( 0.20 %) |
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| Open | High | Low | Volume | ||
| $7.18 | $7.23 | $7.13 | 1306035 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| A2M (ASX) Chart |