So, FY2018 EBIT up 17% on FY2017's EBIT (and FY2017 was not exactly a depressed starting base, with EBIT for that year being up 49% on FY2016).
It is fair to say the business is travelling along just fine.
Assuming - conservatively - a further 7%-8% NPAT growth in FY2019, the implied prospective valuation for of the stock is ~15x P/E and 9.5x EV/EBITDA.
Which feels appropriate, fair and reasonable to me.
So, FY2018 EBIT up 17% on FY2017's EBIT (and FY2017 was not...
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Last
$38.49 |
Change
-1.040(2.63%) |
Mkt cap ! $1.672B | |||
| Open | High | Low | Value | Volume |
| $39.14 | $39.53 | $37.50 | $3.435M | 89.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 323 | $38.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.58 | 323 | 2 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| SNL (ASX) Chart |