Further to my message above another comparison to GNP is Downer.
Downer currently trades on a trailing PE of 28x & FWD PE 16x. Downers Returns: ROE = 6.6% ROCE = 58% ROIC = 5%
In all honesty & without trying to be to bias GenusPlus is a far superior business the numbers don't lie, yet this company trades at a significant discount vs comps.
I'm sure the market will come t it's senses soon enough.
I believe GNP is atleast a $2/share stock. DYOR!!
GNP Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
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