One company worth looking into more details : DXN. Simple business : they manufacture modular data centers in WA. They also operate 2 data centers in Hobart and Darwin.
Based on their Q4 FY 24 annualised, they have a free cash flow yield of 17 %, while they are in a growing sector (revenue : + 41 % in FY 24 and + 47 %e in FY 25). This company is in a middle of a restructuring phase. It is still now delivering both on revenue growth and cost cutting.
