MCE 2.13% 23.0¢ matrix composites & engineering limited

Minor correction (PR 16%)My valuation of MCE (using RM's...

  1. 166 Posts.
    Minor correction (PR 16%)
    My valuation of MCE (using RM's valuation method)

    Equity 31 Dec 2009 - 41.1m
    Equity 31 Dec 2010 - 84.5m
    Average equity 62.8m
    NPAT 30.1m (2010 calender year)
    ROE 48%
    Equity/share $1.21
    Dividend payout ratio 16%
    RR 13%
    IV
    1.21x3.69x0.16=0.71
    1.21x10.50x0.84=10.67
    0.41+11.27= $11.38

    Big jump in IV as a result of much lower than expected payout ratio.
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
-0.005(2.13%)
Mkt cap ! $72.45M
Open High Low Value Volume
23.5¢ 23.5¢ 22.0¢ $55.45K 242.7K

Buyers (Bids)

No. Vol. Price($)
3 113179 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 28075 2
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.