Forum Topics NTD NTD National Tyre & Wheel Ltd General Discussion
Strawman
6 years ago

Brutal reaction to the company's update today (14/11/18).

With shares at 58c, that's an EV/EBITDA of just 3.5 on forecast full year EBITDA. Seems cheap on that score, especially with operating profit expected to be essentially flat. But i suppose that guidance depends on a much stronger second half -- which may or may not emerge.

 

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