the obvious point made here is that Tech companies can and often do trade at huge multiples of their NPAT earnings. Many hundreds of times as in apt case. To be trading at 4.5 times NPAT is extremely undervalued for a tech company.
some tech shells can be valued at over half cxz MC.
tech is a very valuable sector because it's company gains can be enormous.
CXZ is very cheap for any sector comparison.
Earnings increasing & multiples expanding (Re-rate commencing), page-1229
-
- There are more pages in this discussion • 105 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
