So, if we have a crack at valuing BKL using this long term growth rate excluding the boom year we get a value of about 10% pa.
Forecast EPS in FY17 is $3.55 consensus. Long term conservative growth rate we will use is 10%. A fair a conservaitve number.
3.55*(7.5+1.5*10)*4.4/4 = $87.86 value.
So, seems like the market has it right based on the long term growth and the upside would be in the company growing at a much faster rate over the next 5 years.
At 15% growth rate $117.15 value - which is not far off the previous price levels.
At 20% growth rate $146.43 value - this would represent a really successful roll out in Asia one would think.
I think it is safe to say that over $200 was a bubble.
- Forums
- ASX - By Stock
- BKL
- BKL Bad News Looming???
BKL Bad News Looming???, page-74
-
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BKL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online