BAL 0.04% $12.88 bellamy's australia limited

Massive increase in demand!, page-332

  1. 4,372 Posts.
    lightbulb Created with Sketch. 230
    Let's go off the GS estimate adjusted for management commentary.  Most reliable IMO.
    H1 FY19 sales of $125m to $140m
    EBITBA of $30m to $35m
    PAT of $21m to $25m (before one offs)

    If H2 FY19 sales are $170m to $190m
    EBITDA of $38m to $47m
    PAT of $27m to $33m (before one offs)

    FY19 sales are $295m to $330m
    EBITDA of $68m to $82m
    PAT of $48m to $58m

    P/E ratio of 20 for no SAMR and P/E ratio of 30 with SAMR probable.

    Valuation should be between $0.96b and $1.74b.
    Current valuation is approx $0.82b
    Expect an uplift of 20% to 110% depending of FY19 and SAMR outlook. DYOR
 
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