A2 Milk has a very robust balance sheet with a substantial cash balance and high cash conversion. During FY2020, A2 Milk added a massive 385million to their cash balance. This cash conversion is significant at 22% of group revenues or over 60% of their EBITDA.It's worth remembering that minus the massive cash buffer of NZ $854 Million, A2M actually trades on a PE valuation of only 6x, and is growing both revenues and earnings at over 32% YoY as at the FY2020 report.
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A2 Milk has a very robust balance sheet with a substantial cash...
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Last
$7.05 |
Change
0.200(2.92%) |
Mkt cap ! $5.096B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $7.05 | $6.89 | $9.342M | 1.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5662 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.05 | 43467 | 7 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |