another important thing to note about this stock. Quality companies always underpromise and over deliver. For Altium to set a 500m USD turnover 6 years out means they are confident in smashing that figure. Also to set a 6 year goal is ballsy but they must see a brilliant future. We also know that npat will increase at a much faster rate than revenue as scale increases. I have done some preliminary numbers and I think npat will be around 225m usd in 2025. As rates remain near zero I think a pe around 35 would be in order for a quality growth company. Market cap in AUD at exchange rate of 70c would imply a market cap near 12b. Approx 100 AUD per share. Enjoy the ride the market is always a risk reward scenario. This is a strong risk reward proposition for the next 5 years
ALU Price at posting:
$34.89 Sentiment: Buy Disclosure: Held
