SXE 3.22% $1.51 southern cross electrical engineering ltd

Not really surprised to see this stock continuing to increase...

  1. 4,014 Posts.
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    Not really surprised to see this stock continuing to increase today.
    I had a look at it yesterday and found it quite cheap, with an EV/EBITDA to 3.2 to 3.7 x, based on their FY 22 guidance.
    Perhaps, more interesting is the free cash flow they have been generating during the last 2 years and a half : 51 m cumulated (included 12.4 m of jobkeeper). Seems interesting for a company which has an EV of 110 m (at a share price of 61.5 c).

    However, hesitating to buy as I need to better understand several elements : what's the remaining risk with Decmil ?
    I have not been able either to identify their level of maintenance and recurring revenue (Trivantage seems to have a high degree of recurring revenue).
 
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$1.51
Change
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Mkt cap ! $396.1M
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$1.51
  Change
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