It is really is a cash printing machine. EBITDA less financing costs were about US 2.5B for the year. Financing costs will be less this FY also due to the refinancing.
Also with the aud averaging far less than the avg of last FY, cost of sales should be lower. The discount peaked around the beginning of the year. It is still high but the divergence between 62 and 58 has plateaued at worst.
Even if cash flow were another US 2.5b this FY, you'd be looking at another AUD 3b plus generated.
That's about half its mkt cap in cash generated in just 2 years.
It is really is a cash printing machine. EBITDA less financing...
-
- There are more pages in this discussion • 143 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |