HUM 1.81% 81.5¢ humm group limited

Well called.Current market cap: $520mless cash: ($100)mEquity...

  1. 122 Posts.
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    Well called.

    Current market cap: $520m
    less cash: ($100)m
    Equity value of business: $420m

    FY21 NPAT: $60m

    Therefore valued at a 7x historic PE.

    If that is not undervalued, I must be missing something.
 
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