Sales growth running at +$10m a year, gets them to some $23m ebitda in 2019, June year end. Given strong growth profile, will command a premium, adding to that is the very high online penetration rate other brands can only dream of.
This gives it business power in being able to add top line growth with very little CODB additional cost. Further, the balance sheet is now clean.
You are looking at fy19 some +$24m ebitda at 8 plus times, being +$1 a share, without any real takeover premium built into it.
Would make a lot of sense for another industry player to have a crack at around $1.
- Forums
- ASX - By Stock
- Proper auction to now start
Sales growth running at +$10m a year, gets them to some $23m...
-
- There are more pages in this discussion • 11 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 SFH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online