SIV is not the correct comparable for AXL. SIV earnings and market share are in decline, AXL growing at close to 100% pa. At it's hey days, SIV did trade on close to 17-19x forward PE. In regards to APT and Z1P multiples, these are high risk consumer lenders with exposure to retail sales, yet are trading on tech stocks multiples. I don't see why AXL can't get there if they can keep executing.
SIV is not the correct comparable for AXL. SIV earnings and...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $8.558M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $75.06K | 662.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 218735 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 42823 | 2 |
View Market Depth
| Last trade - 15.57pm 31/07/2024 (20 minute delay) ? |
| AXL (ASX) Chart |