Back to basically what it was pre budget announcement. Almost 60% drop from its all time high back at the end of 2021.
Earnings (at least at the half year in Feb) were growing - Rev up 15% EBIT up 25%.
A concern was the increase in debt from $218m to $284m (what was the explanation, does anyone know of the top of their head?)
Current PE TTM shows about 21. Div. yield of about 3% (not great considering inflation is above that)
Very interesting stock. Is this like ResMed where the selloff is overblown? Made a good 50% in 6 months from that. Very tempted to jump in here.
IEL Valuation, page-63
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Last
$14.55 |
Change
-0.160(1.09%) |
Mkt cap ! $4.049B | |||
| Open | High | Low | Value | Volume |
| $14.83 | $14.83 | $14.47 | $7.523M | 515.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1667 | $14.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.55 | 1641 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| IEL (ASX) Chart |