Yer, given that at the height of 21/22 they had EBIT of 300M (only 50% more from our last half), and they traded at a high of $160, assuming the share structure is much the same thats pushing a market cap of $16B!! Call it EV of 17B, or PE of 56...
Some of what appeals to me with DMP now is that this seems to be a flush out of those that had just bet on insane growth and are now leaving just to get rid of the stock. It is still a fundamentally sound business I feel.
While not quite priced as cheap as a pure cashflow/defensive/boring play, its reasonably valued here
Yer, given that at the height of 21/22 they had EBIT of 300M...
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Last
$32.85 |
Change
-0.800(2.38%) |
Mkt cap ! $2.987B | |||
| Open | High | Low | Value | Volume |
| $33.90 | $33.90 | $32.84 | $12.11M | 366.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29 | $32.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.96 | 623 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DMP (ASX) Chart |