Hi,
The calculations are quite good P/E going forward.
The below are only some assumptions and getting some idea from where we are with ZNO (This is no advice).
I calculated a P/E for the current financial year of about 16. Assuming the revenue for the current quarter is $36,000,000 (Gross margin 60% = $21 Mil + $3Mil (for the previous 3 quarters). Using the accumulated tax losses of $8,000,000 leaves $16Mil taxable.
16Mil * 28% = 4.5Mil = 11.5 after tax + 8Mil = around $20Mil / 168 shares = 11cents +
If revenues are higher for May and June the figures look even better.
So technical chart analysis, future P/E and current P/E are all looking promising.
I can imagine an uplift in share price to a P/E of 24 or 25 by early July when the incoming revenue figures are delivered.
Thanks
K
- Forums
- ASX - By Stock
- Trading way under its current true value
Hi,The calculations are quite good P/E going forward. The below...
-
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ZNO (ASX) to my watchlist
|
|||||
Last
2.6¢ |
Change
0.001(4.00%) |
Mkt cap ! $9.241M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $3.803K | 146.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 149999 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 181013 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 149999 | 0.025 |
4 | 166721 | 0.024 |
2 | 77000 | 0.023 |
2 | 145450 | 0.022 |
2 | 128080 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 181013 | 2 |
0.028 | 150148 | 3 |
0.029 | 304864 | 1 |
0.030 | 868200 | 2 |
0.031 | 369295 | 2 |
Last trade - 10.59am 06/09/2024 (20 minute delay) ? |
Featured News
ZNO (ASX) Chart |