It's not that difficult to work out. The business appears to have high operating leverage which makes sense given it's a manufacturer as well as a retailer. High % of fixed costs + Lower variable costs (due to less discounting)+More sales volume=whopping margins.
Credit all round but aside from higher sales volumes (which are not guaranteed to be repeated over next FY, and will pull back at some point in the next few years) the business is fundamentally the same. Truckman/Expansion could change that.
Ann: Market Update, page-12
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Last
$37.00 |
Change
-0.590(1.57%) |
Mkt cap ! $3.052B | |||
| Open | High | Low | Value | Volume |
| $38.09 | $38.10 | $36.98 | $4.513M | 121.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 261 | $37.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.02 | 3634 | 2 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$37.03 |
Change
-0.590 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| $38.04 | $38.04 | $36.98 | 8631 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| ARB (ASX) Chart |