I like this formula by uncle Ben Graham....It saved me from selling good businesses too early.
If we expect LBL to grow earnings at a "modest" 20% , it should have an MC around $130m.....With its current MC the market is is expecting a 10% growth.
EBITDA margin 0f 22% & Net Profit margin 12%......These are elite margins implying good pricing power.
It appears expensive , but it is far from overvalued.
May be far from an ideal entry point, but a solid hold for FF dividend & capital growth.
Ann: Broker Business Overview, page-4
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Last
70.0¢ |
Change
-0.010(1.41%) |
Mkt cap ! $81.72M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 73.0¢ | 70.0¢ | $97.07K | 137.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16333 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 11069 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LBL (ASX) Chart |