Will the Market Close the Gap on this Small Cap’s Valuation?
"Often the market will present an opportunity where a high quality company’s true value isn’t reflected in its share price."
"From a valuation standpoint we believe CLG is significantly undervalued.
On the forecast 2024 full year results the company will generate 4.9 cents in Cash EPS versus a share price of 32 cents. CLG trades on a PE multiple of 7x and EV/Ebitda of only 4x. On this multiple we believe the market does not fully appreciate CLG’s potential. Given the recent revenue growth and market potential we feel this is extremely low.
In our opinion CLG’s depressed valuation and a lack of understanding by investors about the business and opportunity represents the best risk/reward investment currently on the ASX."
https://tamim.com.au/stock-insight/will-the-market-close-the-gap-on-this-small-caps-valuation/
Ann: Business Update, page-32
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $172.8M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 32.0¢ | $78.76K | 244.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30787 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 110227 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CLG (ASX) Chart |