Not really a high PE stock ..... on a weighted average number of share probably in mid to high 20's ....and the eps accretion of the recent acquisition hasn't really been price in yet (although no benefit to F23)
Printable View
EBO into NZX10 Index, ATM out...
Nicely green today in my sea of red.
Ebos is one of the very few companies that have a long history of eps growth on the NZX. For me it’s a bottom draw share that commands a large position in my portfolio.
The current price in my view is no bargain but think $50 is a real possibility this year. You have to pay for quality and with the current acquisition I think well worth the current forward PE.
EBO one of a few stocks not really been affected by the bear market
Share price up 22% over last 52 weeks ….that’s pretty awesome
Acquisitions been favourably received - shares been rerated
fully valued at the MO Winner(n->SP).
Yep, fully valued but a great long-term investment in this uncertain environment.
winner(n) that is near perfection.
just saying how much longer can perfection continue.
Been an amazing run so far and of course "very profitable"
R Quest.
Don't think so
Currently trading PE of 28 on expected FY22 earnings and with growth profile this PE is sustainable
Lifehealthcare impact acquisition not totally recognised by market yet. Best part is Lifehealthcare margins are far superior than current EBOS margins so in total we should see improved margins from here on in ...that's the margin covered off
So even if paying top dollar for top dollar both PE and margin are sustainable
Attachment 13878
Pretty nice looking graph....
Always one of those companies that seems too expensive, but keeps on keeping on. Although is there a point where they "max out" and can't grow anymore, in NZ at least.
In the current environment, much of their business is recession-proof, or at least recession resilient. Health is one thing, but people will always spend on their pet.....
EBO close to 200 ema again. A fortnight ago it bounced off it. How about that for some technical analysis lol