P/E of high 20's is still relatively cheap compared to the premium you pay for almost all other growth stocks on the asx. While A2M is a consumer staples company, its business model is more about branding, putting it into a different category than say a pure consumer staples pureplay like coles for example.
As for the declining revenue, that is only a short term forecast. Long term, this company is still pegged to grow at a high percent. Sure, you'd be wary if you have an outlook of 6 months to 1 year, but anything longer than that, you'd be picking up A2M here.
This is a once in a lifetime stock, like buying Coca Cola as it was taking off, or nike or any established brand for that reason..
P/E of high 20's is still relatively cheap compared to the...
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Last
$4.81 |
Change
-0.090(1.84%) |
Mkt cap ! $3.482B | |||
| Open | High | Low | Value | Volume |
| $4.92 | $4.95 | $4.80 | $8.716M | 1.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10795 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 5662 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |