It seems APE are killing it over AHE over the last. By comparison, over the last year AHE is up about 10% whereas APE up 65%. Both seem to be performing well enough in the car business (although APE has better EBIT to revenue ratio of 4.3% compared to 3%). Surely the logistics side of the AHE business cannot be dragging things down given it has an EBIT to revenue ratio of 5.8%.
If APE keep outperforming AHE, could become a target given there better PE ratio etc.
Any thoughts of why the divergence in share performance or whether AHE can start to catch up?
AHE Price at posting:
$4.21 Sentiment: Hold Disclosure: Held
