Historically, it appears VLS traded on a PE ratio of around 14 to 19; say 16 average
Since the Covid general market low in March 2020, it appears VLS has not recovered its former valuations
The current PE ration at $1.50 is around 10.6' with market cap of $79M
The company appears very solid with:
1. very good balance sheet with no debt; lots of cash; receivables & inventory larger than payable & contract liability
2. excellent operating cashflow, generally matching or exceeding net profit
3. pays a fully franked dividend, which should be around 5.2% before tax at the current share price
4. doing share buybacks the last few years
5. all directors live in Australia; majority of sales in Australia & Malaysia
since there are no detailed posts on this forum, hard to work out what is going here with the low valuation
note: financial year ends on 31/12
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Historically, it appears VLS traded on a PE ratio of around 14...
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Last
$2.27 |
Change
0.000(0.00%) |
Mkt cap ! $128.0M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | $2.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.29 | 4273 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9000 | 2.180 |
1 | 409 | 2.170 |
1 | 8500 | 2.100 |
1 | 2500 | 2.000 |
1 | 10000 | 1.970 |
Price($) | Vol. | No. |
---|---|---|
2.290 | 4273 | 2 |
2.300 | 6392 | 3 |
2.330 | 1500 | 1 |
2.370 | 8000 | 1 |
2.380 | 2283 | 1 |
Last trade - 16.12pm 05/09/2024 (20 minute delay) ? |
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VLS (ASX) Chart |
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