The company is more mature now and can't really justify a forward PE above 30. You have to remember that growth is now off a much larger revenue base than in previous years and therefore a more moderate growth should be expected from now on. For example, 25% revenue growth in FY19 is NZD$230m. In previous years, 25% revenue growth was a fraction of that. Gone are the days of triple digit revenue and profit growth.
The company is more mature now and can't really justify a...
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Last
$5.90 |
Change
0.250(4.42%) |
Mkt cap ! $4.178B | |||
| Open | High | Low | Value | Volume |
| $5.73 | $5.91 | $5.66 | $17.87M | 3.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $5.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.91 | 5850 | 2 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |