P/E is not a safe metric for a company with debt. I would look at return on equity around 6%, and adjust for current price being about .68 of equity. So you have around a 9% simple return, assuming no reinvestment of retained earnings.
That's okay, not great. It's less than the 12% simple return that I think most investors should use as a minimum target return.
So within the kick of large blocks of work from NBN, the historical ROE on this stock is nothing to write home about.
P/E is not a safe metric for a company with debt. I would look...
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Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.89 | $2.632M | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15504 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 63558 | 2 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |