Current EV to EBITDA 5.3 1 Forward EV to EBITDA (assuming upper range guidance is achieved) 4 2 Current PE ratio 7.4 3 Forward PE ratio (assuming an estimate of 40m NPAT) 5.7 4 Current Debt to EBITDA 0.96 5 Forward DEBT to EBITDA (assuming no further borrowings) 0.73 6 Forward DEBT to EBITDA (assuming full debt headroom used) 0.97
EV to EBITDA is low, PE ratio is very low, and debt to EBITDA is at a comfortable level.
ACF management (along with many other companies) aim for debt to EBITDA of approx. 1. If they use their full debt headroom of $16.6m, they will still be below 1 (assuming they achieve guidance). I suspect they will use a large portion of this headroom for growth capex this financial year.
ACF is in a really strong position if they achieve guidance. History suggests that they will achieve guidance and probably even exceed it.
My new share price target is $1.19 by end of FY24.
- Forums
- ASX - By Stock
- ACF
- Ann: Annual Report to shareholders
Ann: Annual Report to shareholders, page-7
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ACF (ASX) to my watchlist
|
|||||
Last
$1.06 |
Change
0.000(0.00%) |
Mkt cap ! $319.4M |
Open | High | Low | Value | Volume |
$1.06 | $1.07 | $1.05 | $273.4K | 258.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 467 | $1.06 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.06 | 2397 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 467 | 1.055 |
4 | 10480 | 1.050 |
2 | 11615 | 1.040 |
1 | 7000 | 1.030 |
2 | 10656 | 1.025 |
Price($) | Vol. | No. |
---|---|---|
1.060 | 2397 | 1 |
1.065 | 6825 | 1 |
1.070 | 6120 | 1 |
1.100 | 24000 | 2 |
1.110 | 24504 | 2 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
ACF (ASX) Chart |