@MarsC
I often wonder to myself: if ARB was not the darling of a particular small cap index in a particular stock market located in a particular part of the world, would it still trade on P/E multiples in the md-20s, and EV/EBITDA multiples in the mid-teens?
I doubt it.
As someone who invests for a rising income stream in the first instance, ARB has served me very well, awarding me with handsome "pay rises" at many multiples of the rate of inflation, for many years.
I did, however, find the valuation to be somewhat eye-popping in recent months.
Still do.
Well Done Holders, page-3
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Last
$41.42 |
Change
-0.080(0.19%) |
Mkt cap ! $3.437B | |||
| Open | High | Low | Value | Volume |
| $40.92 | $41.68 | $40.82 | $5.592M | 135.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 441 | $41.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.44 | 386 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ARB (ASX) Chart |