WOR 0.88% $14.58 worley limited

standout again, page-3

  1. 207 Posts.
    WOR Is hot, no doubt about it.....but it's got a hot price tag now too with an earnings multiple around 40.

    CHL is a company which provides specialized testing and enginnering services to the same businesses as WOR, yet due to recent accounting losses (not operating losses) the company has not yet gained an earnings multiplw which reflects the strong growth in their market sector.

    They are trading on a P/E of 10.2 at 22.5c, yet are experiencing the same boom times as WOR and actually have a much superior cashflow, but as yet have non announced a return to paying a dividend since the conclusion to their accounting restructure last year.

    The smart money will be going into this stock rather than WOR, because over coming months and years you can bet CHL will start to move toward achieving a similar P/E ratio as WOR, and it's going to survive any general market correction much better being priced so much more cheaply on fundamentals.
 
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Last
$14.58
Change
-0.130(0.88%)
Mkt cap ! $7.691B
Open High Low Value Volume
$14.79 $14.81 $14.56 $15.09M 1.033M

Buyers (Bids)

No. Vol. Price($)
2 5412 $14.57
 

Sellers (Offers)

Price($) Vol. No.
$14.60 81521 10
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Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
WOR (ASX) Chart
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