With NPAT up in FY09 and p.e of 4x
average for IT firms is around 8x recurring NPAT
How long till the market re-rates CSV?
i'd say by the August result this will be trading in-line with the peer-group IT valuations.
What will the IT peer group p/e's be? 6x 8x 10x
who knows... but they will probably be higher then 4x
I bought into this after the recent jump in volume at 56-60c
Add to My Watchlist
What is My Watchlist?