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
87.0¢ |
Change
-0.005(0.57%) |
Mkt cap ! $459.6M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 88.3¢ | 83.5¢ | $3.507M | 4.057M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26444 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 176583 | 1 |
View Market Depth
| Last trade - 16.15pm 26/06/2025 (20 minute delay) ? |
| TYR (ASX) Chart |