I feel like people should be happy to pay more than the current 14.5x P/E (13.2x if the cash is stripped out) for that picture.
But even if they don't, one still gets an annual increase in the value of one's capital of somewhere in the high-teens. Add to that the ~4% dividend, for a total investment return of ~20% pa.
And given the company's long track record of successful execution, that attractive investment return doesn't have too much accompanying risk.
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Last
$11.00 |
Change
-0.140(1.26%) |
Mkt cap ! $347.2M | |||
| Open | High | Low | Value | Volume |
| $11.10 | $11.15 | $10.64 | $217.1K | 19.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $10.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.00 | 1429 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
| FID (ASX) Chart |