I think that the company can target 100 m AUD of EBITDA in the near future (in 2 years time), driven by their revenues and a slight improvement of their margin (scale effect).
This result is now valued at only 11 x.
Such an EBITDA should correspond to a cash flow from operation of around 72 m AUD (before the impact of working capital) and a free cash flow* of around 50 m AUD, which corresponds to a free cash flow yield of 4.7 %. This level of free cash flow yield looks high, as the company will probably still have a significant potential of growth in 2 years time.
Cettire is still one of the scarce retailers which could surprise on the upside.
Looking at consensus, the market is expecting an EPS growth of 48 % in FY 24. It looks cautious, given the trends for sales and the visibility on margins.
According to similarweb figures**, their traffic has increased by 108 % during Q1 24 vs Q1 23.
Revenue increase may be even higher, if we add the pricing and the USD effects.
* before change in working capital.
** and past posts of @byebye925 regarding last year figures
- Forums
- ASX - By Stock
- CTT
- Already fully valued ?
Already fully valued ?, page-139
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTT (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.17 |
Change
-0.035(2.92%) |
Mkt cap ! $444.1M |
Open | High | Low | Value | Volume |
$1.20 | $1.22 | $1.17 | $2.517M | 2.125M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12968 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 2813 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 12968 | 1.165 |
4 | 17136 | 1.160 |
1 | 8435 | 1.155 |
9 | 46369 | 1.150 |
3 | 12035 | 1.145 |
Price($) | Vol. | No. |
---|---|---|
1.180 | 2813 | 2 |
1.210 | 1900 | 1 |
1.220 | 54000 | 2 |
1.230 | 16000 | 2 |
1.250 | 48500 | 2 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
Featured News
CTT (ASX) Chart |