Would not a cap of 500M be around a PE of 16 , which would be about right now, Given their growth has gone from around 6M to 30M profit in the last 4 or 5 years ?
The bigger question is will the growth in profit continue , I am guessing it will as they have a competitive advantage with OEMs and other after market manufacturers with their low cost production center in Indonesia .
Would not a cap of 500M be around a PE of 16 , which would be...
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