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Market Cap: $1.26B

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By Cashu Finance. Providing market news, analysis, and research for investors worldwide.

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© 2026 Cashu Technologies Pty Ltd. All rights reserved. Cashu Finance is a trademark of Cashu Technologies Pty Ltd.

The content published on Cashu Finance is for informational purposes only and should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. All opinions expressed are those of the authors and do not reflect the official position of Cashu Technologies Pty Ltd or its affiliates. Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Cashu Finance and its contributors may hold positions in securities mentioned in published content. Any such holdings will be disclosed at the time of publication. Market data is provided on an "as-is" basis and may be delayed. Cashu Technologies Pty Ltd does not guarantee the accuracy, completeness, or timeliness of any information presented.

Cashu Research is part of Cashu Technology Pty Ltd, which is an authorised representative (AR # 001318029) of Adviser Solutions Group Pty Ltd (ABN 88 601 875 521) (AFSL 485946) (ASG).

This material is general advice only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with personal financial or tax advice and does not take into account your personal objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by Cashu Technologies Pty Ltd, any of their related body corporates or any other person. To the maximum extent possible, Cashu Technologies Pty Ltd, their related body corporates or any other person do not accept any liability for any statement in this material.

Financials

Profitability
Gross Profit Margin55.80%
EBITDA Margin38.06%
EBIT Margin37.91%
Pre-tax Margin37.91%
Net Profit Margin26.42%
Earnings Yield10.45%
Valuation Multiples
Price / Book1.60
Price / Sales2.53
Price / Earnings9.71
PEG1.02
Forward PEG2.26
EV / Sales1.93
EV / EBITDA5.07
EV / Operating Cash Flow5.63
EV / Free Cash Flow5.77
Price / Free Cash Flow7.56
Price / Operating Cash Flow7.38
Cash Flow & Capital
Free Cash Flow / Share$14.17
Operating Cash Flow / Share$14.5
Free Cash Flow Yield13.24%
Capex / Revenue0.80%
Capex / Operating Cash Flow2.33%
Capex / Depreciation3.35
Stock Compensation / Revenue1.66%
Dividend Payout Ratio28.54%
Dividend Yield2.99%
Liquidity & Leverage
Current Ratio0.00
Quick Ratio0.00
Cash Ratio0.00
Debt / Assets0.05
Debt / Capital0.32
Debt / Equity0.48
Long-Term Debt / Capital0.31
Debt / Market Cap27.49%
Net Debt / EBITDA-1.57
Solvency Ratio0.02
Financial Leverage9.86
Efficiency & Working Capital
Asset Turnover0.06
Fixed Asset Turnover13.00
Inventory Turnover0.00
Receivables Turnover13.08
Payables Turnover0.00
Days Sales Outstanding27.92
Days Inventory Outstanding0
Days Payables Outstanding0
Operating Cycle27.92
Cash Conversion Cycle27.92
Working Capital Turnover0.67
Returns & Quality
Return on Equity16.84%
Return on Assets1.69%
Return on Invested Capital1.69%
ROCE2.43%
Return on Tangible Assets1.69%
Operating Return on Assets2.45%
Income Quality1.27
Tax Burden0.70
Interest Burden1.00
Balance Sheet & Intrinsic Metrics
Enterprise Value$968.08M
Invested Capital$757.95M
Working Capital$719.38M
Tangible Asset Value$792.43M
Net Current Asset Value$-6.3B
Graham Number$129.65
Graham Net-Net-$532.66
Book Value / Share$66.85
Tangible Book Value / Share$66.85
Cash / Share$57.45
Financial Health Scores
Piotroski Score5
Altman Z-Score0.51
Revenue$501.43M
EBIT$190.08M
Market Cap$1.26B
Working Capital$719.38M
Retained Earnings$849.83M
Total Assets$7.82B
Total Liabilities$7.02B