And yet here we are today, not far off the point where REH's young US operations are going to be making more EBITDA than its Australian business:
It's quite a strong story as the USA growth is three dimensional (for want of a better descriptor).
- They've grown year on year as they've established more stores each year
- They've grown as they've managed to improve their EBITDA margin almost every year
- And if you ignore anomalies courtesy of the COVID years, they've increased their per store Revenue and EBITDA every year.
It's hard to suggest that their P/E ratio of 42 isn't reasonable.
Ann: FY24 Investor Presentation, page-29
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add REH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$23.50 |
Change
-0.210(0.89%) |
Mkt cap ! $15.18B | |||
| Open | High | Low | Value | Volume |
| $23.73 | $24.03 | $23.47 | $10.64M | 451.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24818 | $23.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.57 | 960 | 2 |
View Market Depth
| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| REH (ASX) Chart |