WAF west african resources limited

Ann: WAF delivers $165 million NPAT for 2023, page-2

  1. 3,612 Posts.
    lightbulb Created with Sketch. 628
    What am I missing here? Is the sovereign risk the key?

    $241 profit + $86 (depreciation from Annual report) = $327 EBITDA give or take.

    This is therefore trading at an EV of 2.8x EBITDA??

    I know there is some funding facilities but assume this will fund assets anyway, not working capital.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.41
Change
0.105(4.57%)
Mkt cap ! $2.621B
Open High Low Value Volume
$2.36 $2.46 $2.33 $5.503M 2.295M

Buyers (Bids)

No. Vol. Price($)
14 20155 $2.39
 

Sellers (Offers)

Price($) Vol. No.
$2.41 10632 14
View Market Depth
Last trade - 10.27am 30/07/2025 (20 minute delay) ?
WAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.