there has been so much written and said about valuations in tech stocks and it's always baffled me the APX gets mentioned in the same breath as others.
we did $46m earnings for first half and with our growth rate it's almost inconceivable that full year for 2019 will be less than $100m.
our trailing p/e is extremely conservative for a business with this track record of growth and dominant position in massive, fast growing market.
when you consider earnings for 2020 likely to be $150m+, and throw a forward p/e of 30, which is well and truly justified for this company, you see how we get to $40 very quickly.
now if we get to silly valuations like some other tech stocks then the mind really does boggle. Like we could go to $100 if we had the same froth as some peers lol
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Last
50.5¢ |
Change
0.040(8.60%) |
Mkt cap ! $112.6M |
Open | High | Low | Value | Volume |
46.5¢ | 52.0¢ | 46.5¢ | $1.718M | 3.470M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 112734 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 4880 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 59783 | 0.500 |
5 | 50200 | 0.495 |
1 | 10000 | 0.490 |
6 | 76622 | 0.485 |
4 | 31820 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 4880 | 2 |
0.515 | 91672 | 3 |
0.520 | 10000 | 1 |
0.525 | 1000 | 1 |
0.530 | 24379 | 6 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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APX (ASX) Chart |