So the company is currently valued at A$4.3b.
Let's assume a normalised EBITDA margin of 20% in future years, which I think is reasonable. So on revenue of NZ$1.25b, that equates to A$168m profit (assuming 30% tax rate) or a PE multiple of ~26. So the company is still priced with a decent amount of growth already factored in. Anyone claiming the company is "cheap" or a "takeover target" is wrong, imo. That multiple isn't "cheap" and no one is going to make a takeover bid for A2M that values it on a PE multiple well north of 30. The fundamentals simply don't support it.
- Forums
- ASX - By Stock
- A2M
- Media Updates
Media Updates, page-10100
-
- There are more pages in this discussion • 4,321 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
|
|||||
Last
$6.59 |
Change
-0.050(0.75%) |
Mkt cap ! $4.764B |
Open | High | Low | Value | Volume |
$6.61 | $6.66 | $6.58 | $11.55M | 1.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 15323 | $6.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.60 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6260 | 6.590 |
3 | 3594 | 6.580 |
4 | 23030 | 6.570 |
5 | 9166 | 6.560 |
3 | 13503 | 6.550 |
Price($) | Vol. | No. |
---|---|---|
6.600 | 2000 | 1 |
6.610 | 7045 | 2 |
6.620 | 24200 | 1 |
6.630 | 27749 | 2 |
6.640 | 11975 | 4 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online