VTL - Vital Telecommunications (formerly Team Talk)

[Catalyst]

For those looking for a high yielding stock with a bit of growth, TTK looks not too bad.

They've just posted a 25% increase in NPAT and said "over the next three years we expect to grow EBITDA by $0.5 million to $1 million pa, to continue to reduce our overall debt, and as a minimum to maintain our current dividend policy".

PE = $2.16 / ($4.8m NPAT / 23.0m shares) = 10.4x
EV/EBITDA = (23.0m shares x $2.16 + $18.1m net debt) / $12.5m EBITDA = 5.4x
Gross dividend yield = 20c / 216 / 72% = 12.9%

They're cum a 10c dividend payable in a months time. Not sure if there's anything in the 5m cross at $2.00 today?

[percy]

For those looking for a high yielding stock with a bit of growth, TTK looks not too bad.

They've just posted a 25% increase in NPAT and said "over the next three years we expect to grow EBITDA by $0.5 million to $1 million pa, to continue to reduce our overall debt, and as a minimum to maintain our current dividend policy".

PE = $2.16 / ($4.8m NPAT / 23.0m shares) = 10.4x
EV/EBITDA = (23.0m shares x $2.16 + $18.1m net debt) / $12.5m EBITDA = 5.4x
Gross dividend yield = 20c / 216 / 72% = 12.9%

They're cum a 10c dividend payable in a months time. Not sure if there's anything in the 5m cross at $2.00 today?

Major shareholder selling down.Craigs placed the shares last night with their clients at $2.00 PER SHARE.

[Snoopy]

For those looking for a high yielding stock with a bit of growth, TTK looks not too bad.

They've just posted a 25% increase in NPAT and said "over the next three years we expect to grow EBITDA by $0.5 million to $1 million pa, to continue to reduce our overall debt, and as a minimum to maintain our current dividend policy".

PE = $2.16 / ($4.8m NPAT / 23.0m shares) = 10.4x
EV/EBITDA = (23.0m shares x $2.16 + $18.1m net debt) / $12.5m EBITDA = 5.4x
Gross dividend yield = 20c / 216 / 72% = 12.9%

They're cum a 10c dividend payable in a months time. Not sure if there's anything in the 5m cross at $2.00 today?

Ten years on, let's repeat this little exercise done by Catalyst. I have taken the earnings figures from the FY2020 report (which makes the numbers nine years on).

PE = $0.80 / (($0.734+$0.44)m NPAT / 41.381m shares) = 28.2x
EV/EBITDA = (41.381m shares x $0.80 + ($14.0m -$1.858m) net debt) / ($3.515m + ($10.637m-$5.619m) ) EBITDA = 5.3x
Gross dividend yield = (2.5c / 80c) / 72% = 4.3%

Not much to cheer here in nine years of 'progress', although I do note the EV/EBITDA ratio is more or less the same.

SNOOPY