Trading 38.9% below their estimate of fair value (A$2.93 vs A$1.79) - Undervalued Earnings forecast to grow 17.29% this year. Exceeded the AU Market and AU Chemical industry share price returns over the past year Zoono Return on Equity for forecast to be very high in 3 yrs time at 46.3% ZNO’s ROE of 79.5% FY20 is considered outstanding With a low payout ratio (31.5%) ZNO’s dividends payments are well covered by earnings Flawless balance sheet and good value Zoono is good value based on its PE (18.9 times) compared to the AU Chemicals industry average (19.6 times)
Even given the current regulatory issues which may have slowed sales somewhat, the company still has very solid fundamentals and will still be clocking steady sales. Stock up now while you can.
ZNO Price at posting:
$1.79 Sentiment: Buy Disclosure: Held
