re: News: DuluxGroup boosts H1 profit, foreca... I for one do not understand why this business is so expensive.
Trading on a p/e of more than 20, doesn't convert a high percentage of profits to operating cashflow, poor free cashflow (neg. after payment of dividend), debt/equity of more than 150%, yield of around 4%. Growth prospects are reasonable at best.
Why would you bother with this?
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