"the market seems to have missed what has been quite a steady growth story"
It also seems to have missed the outstanding growth that has occurred in North America. From North American revenue of only A$1M in FY19, Mader has proven its business model there with $132M in FY23, and $94M in only the last 6 months. Yet they have only started to scratch the surface. This makes it very hard to understand why the forward P/E level now (approx 25) is much lower than it was after the FY23 reports in August 2023, when it was nudging a forward P/E of 40. IMO any company achieving this sort of growth in NA should command quite a P/E premium for the growth rates on offer.
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$5.70 |
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-0.720(11.2%) |
Mkt cap ! $1.14B |
Open | High | Low | Value | Volume |
$5.93 | $5.97 | $5.30 | $7.674M | 1.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 702 | $5.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.70 | 1001 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1515 | 5.900 |
2 | 2141 | 5.800 |
7 | 3867 | 5.750 |
2 | 2535 | 5.740 |
1 | 150 | 5.730 |
Price($) | Vol. | No. |
---|---|---|
5.700 | 1500 | 1 |
5.730 | 2717 | 1 |
5.750 | 1357 | 1 |
5.780 | 1680 | 1 |
5.850 | 714 | 1 |
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