DUR 2.07% $1.18 duratec limited

Ann: Partial Share Sale, page-10

  1. 227 Posts.
    lightbulb Created with Sketch. 49
    They still own ~30% of the business. What the big deal?

    Based on my estimate the company is doing:

    FY24 -
    $615m revs
    $25m NPAT
    So trading at 14x NTM eps
    Not cheap but not expensive for a business that has a 20% ROIC. Its a better business than the market average so should trade at a premium IMO.
    Not advice.

    Last edited by ShaneW88: 08/09/23
 
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