From the SMH:
But UBS has initiated coverage with a Buy recommendation and $2.30 price target, saying - essentially - any bad news is well-and-truly priced in.“In our view Tyro’s de-rating to around four times EV/GP (enterprise value to gross profit) from 12 times EV/GP offers an attractive entry point to Australia’s fifth largest payments terminals provider, a business on the verge of margin expansion and positive free cash flow,” says the UBS analyst team led by Tim Piper.
“We believe investors should focus on valuation multiples through a medium-term earnings lens, given our investment case hinges on scalability and operating leverage.”
Tyro shares were up marginally to $1.69 this afternoon."
I'll be happy when we're back at $2.30
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Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $523.3M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 99.5¢ | 97.8¢ | $1.892M | 1.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5051 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 197967 | 24 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| TYR (ASX) Chart |