I have extracted these numbers from one of the data services as to the trend in results.
As the revenue growth emerges in the current year and into 2020, the profit rises. That is the forecasting. This is one way of looking at things. Put you own interpretation on it.
I gains my initial holding from the OVH takeover of Diversa. That was some time ago.
The PE has been high and is coming back to the field.
Maybe we are closer to turning the corner, subject to the stock market holding up. Interest rates rising in the US will have some impact. On the other hand, the Royal Commission should provide some 'tail winds' to the business and revenues.
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Column 2
Column 3
Column 4
Column 5
Column 6
0
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3
Actual
Actual
Actual
Estimate
Estimate
4
Jun-16
Jun-17
Jun-18
Jun-19
Jun-20
5
ROA
-8.82%
-0.42%
-0.11%
5.52%
8.55%
6
ROE
-10.85%
-0.55%
-0.15%
15.85%
21.04%
7
EPS (¢
-1.86
0.76
2.7
2.7
4.2
8
EPS Growth 1 yr (%pa)
253.32%
-0.09%
55.56%
9
EPS Growth 2 yr (%pa)
70.20%
87.88%
24.67%
10
Revenue ($000)
$25,340
$39,643
$48,386
$63,736
$76,402
11
Adj. Profit Pre Tax ($000)
($4,001)
($467)
($135)
$6,858
$10,621
12
PE
78.44
78.44
29.6
24.44
15.71
13
Share price
$0.61
$0.60
$0.80
Analysts have a target
14
price of $1.05
OVH Price at posting:
66.5¢ Sentiment: Hold Disclosure: Held