Even after today's rebound (+ 20 %) due to the change of CEO, the difference of valuation with Tamawood remains significant as Simonds has an EV/ FY 23 sales of 7 % vs 115 % for Tamawood.
However, the profile of the 2 companies are quite different :
- Simonds required a massive capital increase in 2022 (number of shares increased by 144 %), unlike Tamawood which still had net cash during the downturn,
- now, that the market is recovering, both companies show a strong recovery of their margin, however the trend of their sales is quite different for Q1 24 : + 30 % yoy for Tamawood vs - 13 % for Simonds.
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 (20min delay)
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.38M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69999 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 47529 | 2 |
View Market Depth
| Last trade - 14.59pm 17/06/2025 (20 minute delay) ? |
| SIO (ASX) Chart |
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