You're right regarding EV.
I calculated it based on a net financial debt of 26 m$ (just looking at the cash and the financial debt in their B/S).
Later on, I realised that, doing this, I probably did not include the cash they got from the CDD.
If this cash is included in the "other financial assets" (probably the case), their have a net cash position of 10 m$ and the EV must be 177 m$.
I am not sure I agree with the way they calculate their net cash position of 37.6 m$ as it excludes the CDD, while CDD is a debt for now.
If we calculate net cash like them, we need also to deduct the minority interests from the results, to compare EV and other metrics, like EBITDA or free cash flow. As the conversion of CDD will increase the minority interests.
- Forums
- ASX - By Stock
- FND
- Ann: FND FY24 Results Presentation
Ann: FND FY24 Results Presentation, page-15
-
- There are more pages in this discussion • 114 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FND (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.40 |
Change
0.160(2.56%) |
Mkt cap ! $313.7M |
Open | High | Low | Value | Volume |
$6.20 | $6.50 | $5.95 | $1.998M | 317.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 878 | $6.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.49 | 878 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 878 | 6.360 |
1 | 878 | 6.340 |
1 | 878 | 6.330 |
1 | 878 | 6.310 |
1 | 878 | 6.290 |
Price($) | Vol. | No. |
---|---|---|
6.490 | 878 | 1 |
6.500 | 9439 | 1 |
6.510 | 878 | 1 |
6.530 | 864 | 1 |
6.550 | 57 | 1 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
Featured News
FND (ASX) Chart |