it really comes down to how much of that $120m EBITDA WEB can convert to NPAT. Very hard to know with all the acquisitions going on. If they meet consensus estimates of 66c eps then the share price should reach all-time highs again. If they only convert 50% of EBITDA to NPAT then expect EPS growth of around 18% and web would be at around fair value at current prices. Not a bad stock to buy with growing dividend, double digit earnings growth and good track record. Only when they announce will we know! Might be worth the wait before buying in. IMO DYO
WEB Price at posting:
$11.34 Sentiment: Hold Disclosure: Held
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