"Any insights why SP has tabled so hard after these results which seem reasonably good (-10% as of posting)"
The stock has capitalised at some prior to open today implying a rough EV of ~$983bn once accounting for the debt adjustment used in the OTW acquisition. Today's confirmation of top-end guidance placed the stock on a >25x EV/EBITDA multiple which appears too expensive as growth begins to slowin the residential and business divisions.
Additionally churn has remained high which reminds the market that ABB operate in a highly competitive broadband space with some mightly big gorilla competitors in Optus and Telstra.
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Last
$3.76 |
Change
-0.020(0.53%) |
Mkt cap ! $1.111B |
Open | High | Low | Value | Volume |
$3.78 | $3.78 | $3.66 | $975.0K | 262.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 458 | $3.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.76 | 3098 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 458 | 3.740 |
1 | 458 | 3.730 |
1 | 458 | 3.720 |
1 | 458 | 3.710 |
1 | 458 | 3.700 |
Price($) | Vol. | No. |
---|---|---|
3.770 | 458 | 1 |
3.780 | 7497 | 3 |
3.790 | 458 | 1 |
3.800 | 795 | 2 |
3.810 | 545 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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ABB (ASX) Chart |