Market has been very wobbly as of late. From what I've read from various brokers, ADH's EBIT guidance is 5% below Goldman Sach's forecast and 8% below Morgans' forecast. Sales revenue was actually in line with forecast. So a 20% decline in share price vs a max 10% downgrade in EBIT suggests to me the stock was oversold.
Also, I dont think COVID related/store closure costs would be included in the DCF calculation cos they are one-off most likely. So at current share price, assuming 2H22 will be $32m as well i.e. flat, ADH is trading at 8x EBIT and 5x normalised EBIT. This also leaves room for potential upside assuming there is no lockdown this year.
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Last
$2.08 |
Change
-0.020(0.95%) |
Mkt cap ! $363.3M |
Open | High | Low | Value | Volume |
$2.04 | $2.10 | $2.03 | $650.4K | 313.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | $2.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.10 | 6466 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2200 | 2.080 |
3 | 4054 | 2.070 |
3 | 3830 | 2.060 |
1 | 982 | 2.050 |
1 | 982 | 2.040 |
Price($) | Vol. | No. |
---|---|---|
2.100 | 6466 | 3 |
2.110 | 8580 | 3 |
2.120 | 10982 | 2 |
2.130 | 10982 | 2 |
2.140 | 769 | 1 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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ADH (ASX) Chart |