CCI Holdings (CHL), has historically found it hard to attract a high P/E ratio, primarily due to a perception of carrying too much debt.
3 years ago the company had interst bearing debt of 16M, but since that time this has been significantly reduced top the present comfortable level of 9.2M.
This debt incurs annual interest of approximately 0.8-0.9M, while the company is generating a positive operating cashflow, after paying interst of a whopping 3.2M for 6 months.
This is the type of stock which will be viewed as attractive in terms of having comfortable gearing and strong free cashflow generation, as the market digests it's first interest rate hike in a cosiderable time.
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Last
46.0¢ |
Change
-0.025(5.15%) |
Mkt cap ! $32.89M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 46.0¢ | $34.81K | 72.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21731 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| CHL (ASX) Chart |