LBL 2.59% 56.5¢ laserbond limited

lbl half yearly, page-12

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    From a funding perspective, my calculations suggest they can achieve internally funded growth of around 13%pa with no gearing or 18% at a debt:equity of 60%. This is a "status quo" calculation in terms of presumption of achieving consistent return on investment. Also allows for current payout ratio to be maintained.

    This sort of calculation is a bit GIGO but should provide an okay indication while the business is running at capacity (it's not such a good calc for businesses with a high proportion of fixed cost).



 
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