The companies Ebitda was 10.2m in the first half and at the time of that announcement they forecast a full year Ebitda of 19 to 21m suggesting that the second half will be similar to the first half. The net profit in the first half was 6.791m so if they do get a similar second half profit then the Price Earning Ratio at 17c will be 5.94. The Net tangible assets are 24.1c and the company has net cash of 21.45m compared to the market cap of 80.7m. These figures are outstanding as a value stock.
I reckon if the second half comes out at that forecast, surely the share price will go back up to at least the recent peak of 21c. I have been buying more of this stock in this last half because of these figures and it is my second highest holding now.
GPASAS
CAA Price at posting:
17.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)