Before announcement A2 was trading at 33.5x EBITDA.
Today we find out sales will be $1.75b and EBITDA margins 200Bp higher than their last guidance.
$1.75 x 200 Bp = $35m
$35m x 33.5x = $1.2b
$1.2b / 735m shares = $1.60 of gain per share if is trades on same value as yesterday.
So today all else being equal, or if we had announced on a strong market day we should be trading at $Au19.90 or $NZ21.
That's all before you give them any credit for being one of the only companies upgrading at moment.
Before announcement A2 was trading at 33.5x EBITDA. Today we...
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Last
$6.88 |
Change
0.060(0.88%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.93 | $6.83 | $8.512M | 1.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1471 | $6.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 770 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |