Significantly stronger EPS growth in BHP BHP should earn $US4.20 per share in 2008-09. That equates to 52% earnings per share (EPS) growth over the likely 2007-08 earnings (helped by the Petroleum division growth kicking in at an 80% EBITDA margin). That equates to $4.51 using an exchange rate of US93¢. I believe the market is likely to eventually pay 13 times for those earnings, which equates to a price target of $58.63 for BHP on a pure standalone basis. (On a different topic, how well does that 52% EPS growth stack up against industrials?!
time and price, page-22
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Last
$42.10 |
Change
0.910(2.21%) |
Mkt cap ! $213.5B | |||
| Open | High | Low | Value | Volume |
| $41.88 | $42.29 | $41.69 | $360.3M | 8.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9922 | $42.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.12 | 11345 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |