Back of the envelope scribbles
4.34cps EPS reported
Giving:
*Current P/E ratio 57.6X
*Price/Sales: 15.8X
*Price/Book Value: 12.76X
*Book Value Per Share: 19.6cps
Along with...
*Theoretical stated accretion to earnings from New Acquisition in 4 years: 25cps
*Theoretical EPS in 2024 $0.2934cps
*If current P/E ratio applied to theoretical 2024 EPS, 57.6 X $0.2934 = target price for 2024 of
Projected $16.89 per share in FY2024
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