Absolutely, but 30% CAGR for the next 10 years is a high target, but not impossible.
Even if PME achieved EPS of $11 in ten years time, what do you suppose the share price would be? $500? (Still a high PE of ~50).
Which means you'd get a CAGR of 8% on your share price.
Like I said, I'd be more comfortable buying in the sub $150 range. I doubt it'll get there though.
Ann: PME signs A$40M, 7-year contract with LucidHealth, page-19
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Last
$274.37 |
Change
3.870(1.43%) |
Mkt cap ! $28.66B | |||
| Open | High | Low | Value | Volume |
| $273.99 | $276.32 | $270.36 | $56.59M | 207.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 160 | $273.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $274.43 | 783 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| PME (ASX) Chart |