I’d be interested in your thoughts longer term? Over a 10 year period, If this company sustains 12% AAR growth it could grow revenue to $200m, including 10% extra from projects. At 20% NPAT margins, that’s $40m NPAT. At a PE of 18, as the market tends to favour companies that generate AAR, that’s a market cap of $720m. For those investing today that’s a 20% CAGR and one I would be very happy with. I believe there’s some upside in the numbers above based on the increasing emphasis on ESG.
EVS Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
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