Agree with this. Given they expense all their software devex, they have no debt, and only a couple million of lease interest expense, their EBITDA to FCFE conversion is very high. Businesses that can grow FCFE at double digit rates for years with minimal additional invested capital are rare, hence the high valuation.
Agree with this. Given they expense all their software devex,...
Add RUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.98 |
Change
0.000(0.00%) |
Mkt cap ! $660.0M | |||
| Open | High | Low | Value | Volume |
| $2.95 | $3.00 | $2.95 | $485.3K | 163.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2036 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 5520 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RUL (ASX) Chart |