If Peoples and Monodelphous are true benchmarks then Mader is very good compared with these two.
EBIT to Revenue margin for Mader is 10%, Peoples at 3% and Mono at 6%.Mader is doing something very well.Return on Assets for Mader is 43% , Peoples at 10% and Mono at 15%.Mader is an extraordinary performer here.Based on current share prices, Mader should be worth $1.30 plus on listing.
Opened and closed by Bell Potter and scale backs 75% I believe.
Does anyone else have a view on this IPO
Thanks.
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