MFD 1.84% 66.8¢ mayfield childcare limited

Maiden Dividend, page-6

  1. 89 Posts.
    I think you could also argue it was slightly undervalued on that result. 11.4c EPS at $1.05 SP is a 9.2 P/E. For a company looking to record 20% NPAT growth that is a very low P/E so you should get a double whammy of P/E expansion plus the effect of profit growth.
    Must say it surprised me a little.
 
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