NHC 2.22% $5.07 new hope corporation limited

Upcoming Dividend, page-11

  1. 2,101 Posts.
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    Let's contextualize this a little bit. $54m NPAT (guidance) for first half 2023. Market cap was approx $750m when that news was out, and shares rallied almost 20% in the two days.
    if we assume second half is the same, that means $104m for the FY profit, which would give a PE of approx 7 (when market cap was $750m, it's now almost $880m. So a PE of about 9.

    NHC NPAT will be around $1.8b (with no debt). Market cap $4.5b.

    This gives a PE ratio of just over 2.

    its insane.

 
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