At the moment ATM has high P/E built into price. Think if growth slows say in 5 years time the P/E may come back to say 20x.
But if growth continues over longer term we may see P/E of 30x for many years.
I think thats why CEOs get paid a lot to keep the growth momentum going.
ATM may be one of those companies with a high P/E for many years.
If that happens forget dividends keep the growth going.
IMHO
At the moment ATM has high P/E built into price. Think if growth...
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $8.532M | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2151 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 27162 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |