DTL 0.13% $7.54 data#3 limited

Ann: DTL expects to report strong 1H FY22 earnings growth, page-4

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  1. 2,051 Posts.
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    Most definitely! Based on previous 1H:2H split, full year NBPT should be around 2.7 x 18 = 48.6m. NPAT around 0.7 x 48.6 = $34m. With the company targeting EPS growth of 5 - 15%, it should be trading at a PE of 30 to 40 which gives a market cap of $1020m - $1360. After this morning's rise the SP is sitting at $1bn more or less so there is still room for growth from here - I expect a $1bn market cap ($6.5) to be the base here but if I was a betting man, I think we will shortly see new all time highs. A $1360 market cap corresponds to a mouthwatering SP of ~ $8.84
 
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