WOW 0.38% $34.17 woolworths group limited

it doesnt necessarily mean that the market will rerate WOW back...

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    it doesnt necessarily mean that the market will rerate WOW back to a PE of 25+, now viewing the company differently and particularly if there is increased regulatory risk and more competition.
    supermarket businesses are very low margin companies and don't deserve high PEs .
    ROC is only 10 - 11%.
    i do understand the defensive earnings argument but think it is being de-rated perhaps permanently to lower PEs.

    Last edited by woollydog: 20/03/24
 
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