US Dollar, page-6

My estimates are M7T could do roughly 10 times in 10 years if they achieve a CAGR revenue of 13%, CAGR expenses of 5% and PE plus net cash of 40 (any changes to these inputs has a significant effect on how many times current share price they could do).

From my understanding the 5% for expenses is within the company blueprint and outside of the eUnity acquisition have been able to demonstrate similar budgeting performance over the past 5 years.

The 40 PE plus cash is thereabouts for a growth company probably unders if anything given the elevated valuations of the likes of PME, ALU, WTC, XRO and I guess some company is going to be the next them.

The key variable input is CAGR revenue growth of 13% for 10 years, slight variations have big impacts, it's a rate that leaves not much room for momentum stalls or macro down years so we'll see how they go.

As mentioned in this thread currency is another variable all my calcs are done from 2022 levels where AUD:USD was at around 70c. A 10% change leads to a 10% change in earnings, material for 6 months away but probably not a big deal 10 years away.