your forgetting about improvement in the margin,. Mngt is targeting high teens but I would say they would be internally pushing for 20% margin.
so on FY 25/26, with $2 billion of sales at circa 20% margin, that’s $400 million of EBiTDA , roughly double today’s numbers. Net profit would be circa $280 million. That would equate to EPS of 38 cents .
Based on previous valuations, this would value the stock at between $11 to $13.
Ann: 1H23 Results Presentation, page-102
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Last
$6.70 |
Change
0.110(1.67%) |
Mkt cap ! $4.843B | |||
| Open | High | Low | Value | Volume |
| $6.64 | $6.77 | $6.64 | $12.36M | 1.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10812 | $6.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.70 | 12740 | 3 |
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