Hi tdubs, Does not the guidance from HSN include Enoro earnings...

Hi tdubs,
Does not the guidance from HSN include Enoro earnings and so we can take their figures in the announcement as including those?
With a 24% increase in eps (from 14.9c for 2017) and the closing share price of 317c then I get a PE of 17.2 going forward.
Of course the statutory eps based on NPAT will be lower and the company has already said that it excluded any amortisation of acquired intangibles (principally goodwill, I would expect).
Whether that is an acceptable PE for flat earnings going forward for the next 12 months is the question.
I think the PE may need to lessen a bit further yet to become an attractive buy.