G’day@sethkor
The point you make is valid. I just found the article, thanks for the heads up.
I would also encourage you to look at Net Profit Margin (after tax) KGN is 5.6% but ADH is better at 10.1%
Also KGN has a ROE of 16% versus ADH of 28%
Adairs has more moats than KGN but hats off to Ruslan Kogan for Best of breed COBD.
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