Now that the company is regularly delivering positive EBITDA, there is a better reason to value their unused tax losses.
At 30/6/23, it represented 53.2 M$, which corresponds to a potential tax benefit of 16 m$ (at 30 % rate).
This is significant for a company which has a market cap of 65 m$ and an enterprise value of 56 m$.
Another way to look at it : it has an enterprise value of 40 m$ after valuing this tax benefit, which corresponds to 2.8 x its last quarterly EBITDA annualised.
Such a valuation corresponds more to a very cyclical sector than the water treatment sector which is expected to show regular growth.
- Forums
- ASX - By Stock
- Ann: March 2024 Quarterly Report / Appendix 4C
Now that the company is regularly delivering positive EBITDA,...
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDV (ASX) to my watchlist
(20min delay)
|
|||||
Last
32.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.68M |
Open | High | Low | Value | Volume |
32.5¢ | 32.5¢ | 32.0¢ | $4.318K | 13.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 198110 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 38741 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 198110 | 0.320 |
1 | 100000 | 0.315 |
3 | 16661 | 0.310 |
3 | 80000 | 0.300 |
2 | 12300 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 38741 | 3 |
0.330 | 17798 | 1 |
0.335 | 20000 | 1 |
0.340 | 50000 | 1 |
0.355 | 2500 | 1 |
Last trade - 11.56am 03/05/2024 (20 minute delay) ? |
|
|||||
Last
32.5¢ |
  |
Change
0.000 ( 1.52 %) |
|||
Open | High | Low | Volume | ||
32.5¢ | 32.5¢ | 32.0¢ | 36645 | ||
Last updated 13.23pm 03/05/2024 ? |
Featured News
SDV (ASX) Chart |