@hcosah,
Not sure I agree with your 20.4x prospective 2022 earnings multiple.
PBT of $15m translates into NPAT of $10.5m, which the company’s $176m market value is capitalising at a 16.8x multiple.
And I believe the company will come in at least 10% higher than its 2022 Plan suggests, so 2022 NPAT between $11.5m and $12.m. That implies an earnings multiple of circa 15x.
Maybe not the valuation of any basement bargain, but sufficiently reasonable to justify the current share price with some ease, I think.
.
News: SNL Supply Network Expects Revenue Of Around $68m In H1 Of Fy20, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SNL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$26.81 |
Change
0.810(3.12%) |
Mkt cap ! $1.139B | |||
| Open | High | Low | Value | Volume |
| $26.14 | $26.85 | $26.00 | $386.1K | 14.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17 | $26.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.85 | 437 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SNL (ASX) Chart |