Originally Posted by
BlackPeter
Well, yes - both revenue as well as earnings went up, this is good - and even their NTA went from negative 4 cents per share to positive 1 cent per share. Lets start the celebration, shall we?
I guess a wee damper might be their underperformance compared to analyst earnings expectations - analyst consensus EPS for FY 2021 was 9 cents (NZ) per share. PPH delivered only 2.8 US cents per share, that's roughly NZ 4 cents.
Spot the difference? But hey - earnings still doubled last year and if they keep doubling every year, the current PE of something like 42 is clearly justified. However - what if not?