random thought for the day.
I sat down and went over my peer comparison tables, looking over companies like COH and CSL. In their cases you have PE ratios as a lazy metric (50-60 or so) but for TLX that doesn't work because they're reinvesting/growing.
So the easy lazy metric is price to revenue. For CSL and COH that ratio is about 8. (eg CSL at $135b market cap and $16b annual revenues)
So, at $4b, TLX is currently perfectly priced.
For last year's revenue.
Based on last quarter's notional $150m, that puts them closer to $5b right now, which is about $15. (I used to use $3.20 for every $1b in market cap as a ratio but it's more like $3.10 now).
Stating the obvious, $1b revenue equals $8b market cap equals $24 share price.
random thought for the day. I sat down and went over my peer...
Add TLX (ASX) to my watchlist
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Last
$15.24 |
Change
0.440(2.97%) |
Mkt cap ! $5.036B | |||
| Open | High | Low | Value | Volume |
| $14.71 | $15.24 | $14.61 | $17.69M | 1.179M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2333 | $15.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.25 | 10000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$15.21 |
Change
0.440 ( 2.60 %) |
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| Open | High | Low | Volume | ||
| $14.73 | $15.24 | $14.62 | 327752 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TLX (ASX) Chart |