You need to some further research. The cash isn't real net cash (see annual report balance sheet). So the EV is more like ~$20 million right now.
Sector PE ratios are very low. Like 5-10 max. EGL is completely irrelevant. Believe it or not, there are currently cheaper companies in this sector trading on the ASX based on EV, EBITDA and order book than WSI. It all comes down to margins and execution... can WSI deliver a decent FY22 NPAT?!
It's a nice investor preso (excluding the misleading EV!) but it reads like a pitch to future investors in an imminent CR. The majority of these investor presos are followed by a CR so just something to keep in mind IMO.
Ann: FY22 Growth Plan Investor Presentation, page-5
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.54M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 91291 | 4 |
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| Last trade - 10.08am 04/10/2024 (20 minute delay) ? |
| WSI (ASX) Chart |
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