BPF bulletproof group limited

Ann: FY16 Full Year Results Presentation-BPF.AX, page-3

  1. 649 Posts.
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    By my calculations BPF is trading at around 10x 2015/16 earnings. Given that this company has a high percentage of recurring revenue and expects its 2016/17 results to be substantially increased over last yea it seems to me to be quite undervalued. Opinions?
 
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Currently unlisted public company.

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