Its a cracker of a result by CGL in my view.
One has to wade through the numbers a bit.
Using the "NPAT attributable to members for continuing operations" of $11.4M, I come up with EPS of $0.24 per share which is equal to a P/E of 22.9 at the current price of $5.46.
So forward P/E for FY18 would be down at 20 for 10% growth in NPAT, and less if one to project forward earnings growth similar to what they have achieved in FY17.
CGL aren't expensive at current prices, which explains why the sell queue is very skinny indeed.
And operating at very impressive margins as well.
Star stock status from me.
Cheers
Gosouth
CGL Price at posting:
$5.46 Sentiment: None Disclosure: Held