Using mid range guidance these are my calculations:
Revenue EBITDA NPAT EV/EBITDA DEBT/EBITDA Share price (PE 12) 1 $222M $74.5M $31.8M 5.91 0.85 $1.27
This is a very strong position and probably conservative considering ACF normally achieve/exceed upper guidance. That level of DEBT/EBITDA provides the opportunity for another decent acquisition.
They have a further $15M of debt headroom. They could access this and still remain within their DEBT/EBITDA target. Add $6M cash at bank and we are looking at consideration of up to $21m. At a 3.8x multiple that is a company with $5.5M EBITDA and around $14M annual revenue.
Only 2 days until results are released.
Ann: FY24 Results Reporting Date and Conference Call Details, page-4
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Last
$1.02 |
Change
0.025(2.53%) |
Mkt cap ! $312.5M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.02 | 99.0¢ | $448.9K | 447.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8010 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 3548 | 2 |
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| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| ACF (ASX) Chart |