Question in my mind is when not if. How does A2 get there?
PE of 30x would require EPS of $3.33 per share or profit of $2400.
so based on profit margins of 35% they need to get sales to $6.8b which is 5x current levels.
how do they do this?
15% share of Chinese IF market which is equal to the current market leader. So based on disruption that is occurring should be 2 years away. That gives sales of $NZ3.1b.
USA - Win 10% share similar to Australian market. Sales added about $NZ1.5b
other products make up difference.
So not meant to be a ramp or justification to buy but rather the reason why I haven't sold a share for 2 years.
POWER OF COMPOUND BABY.
$100 stock
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Last
$7.18 |
Change
0.020(0.28%) |
Mkt cap ! $5.190B | |||
| Open | High | Low | Value | Volume |
| $7.18 | $7.23 | $7.13 | $12.81M | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3865 | $7.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 7121 | 7 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$7.18 |
Change
0.020 ( 0.20 %) |
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| Open | High | Low | Volume | ||
| $7.18 | $7.23 | $7.13 | 1306035 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| A2M (ASX) Chart |