AHX 3.26% 47.5¢ apiam animal health limited

Sorry all…I realised I've made a glaring mistake in my...

  1. 2 Posts.
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    Sorry all…I realised I've made a glaring mistake in my calcs with the number of shares outstanding and HC is not letting me edit/delete my comment so apologies (note to self in the future don't reply to HC threads while on a teams work call… )
    So based on total shares outstanding of 182.5mil (NOT 89.4mil), and 13.5x multiple applied to $20.3mil EBITDA and $15.8mil EBITA results in $1.50 and $1.17 share price respectively.
    Assuming a 6x multiple gives 67c and 52c per share respectively, which is not far off current share price.
    Apologies all again for the confusion!
    Last edited by rakuzan: Today, 15:52
 
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