BAL 0.04% $12.88 bellamy's australia limited

Let's go off the GS estimate adjusted for management...

  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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