Even if it could get on par with CLX who isn't even making a profit, it implies a 33% upside from here. If we take the lowest range PE from above being 15, it implies a 127% gain from current price.
If you adopt a Warren Buffet valuation and focus on the cash flows only, this story gets better as they made a net operating cash flow for the half of 8.7m, annualising this to 17.4m gives the company a minuscule 2.5 price/cash flow ratio which is disgustingly undervalued. The company is virtually debt free as well.
Out of all the above companies, they also have one of the greatest profit margins of 26% because of their diversified income stream into 5 sub niches. The greatest of which being perishables seeing triple digit revenue growth.
Perishables are a "resilient" stream of revenue that should only grow regardless of the state of the economy and a revenue increase to 11m in just one half suggests this company will continue to grow above the market average.
They are also expanding into other regions notably the USA.
Director is buying shares on the market and already has significant skin in the game. Top 20 own over 80% of the register making it significantly easy for a large re-rating (less number of shareholders selling)
We recently saw a spike in volume and a close on the daily high which suggests stale holders are out and it's upward from here.
In latest announcement CEO also had bullish sentiment on FY21. He also made mention of growing demand for logistics services between Aus and Asia (due to growing trend of ecommerce)
TLR WWG is profitable and comparatively deeply undervalued compared to peer companies and a very tightly held stock.
R WWG is profitable and comparatively deeply undervalued compared to peer companies and a very tightly held stock.
