Myer net cash $186Mln. Mkt cap 521.5Mln at todays price of 63.5cents. Enterprise value at 335Mln. Without paying tax, it’s earning is 85mln. So if you use this metric, I can buy the whole of Myer by borrowing from bank and pay my bank debt off in 4 years time. What business of this size that you can payoff in 4 years? Is Myer undervalued? Significantly!!
(todays share price action is an accumulation behaviour. I bought more at 60.5cts today. Next leg up we will see it in the 70s soon).
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Last
61.3¢ |
Change
0.008(1.24%) |
Mkt cap ! $1.058B | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 62.0¢ | 59.8¢ | $1.582M | 2.601M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 265054 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 27555 | 6 |
View Market Depth
| Last trade - 12.57pm 27/06/2025 (20 minute delay) ? |
| MYR (ASX) Chart |