● The group's activity appears highly profitable thanks to its outperforming net margins.
● Its low valuation, with P/E ratio at 11 and 10.45 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.
● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For several months, analysts have been revising their EPS estimates roughly upwards.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The stock is in a well-established, long-term rising trend above the technical support level at 1.6 AUD
Weaknesses
● Stock prices approach a strong long-term resistance in weekly data at AUD 2.59.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
● The company's earnings releases usually do not meet expectations.