solid fundamentals, good growth prospects, tech IoT play ... and trading at annualized PE of just 15x only vis-a-vis 20x-40x of other tech stocks. just very unfortunate that this stock is not getting enough attn as others...
HL : Maintain BUY with an unchanged TP of RM2.28, as we ascribe a P/E multiple of 30x
for SMRT pegged to FY26f earnings. Considering the substantial earnings potential arising from the utilities and financial services sectors and the growing recurring earnings base, we find SMRT's current FY26 forward P/E of 14.9x to be undemanding, making it a compelling case. The proliferation of managed site post site deployed will lead to a steady growth in the recurring income base.
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paktua73
18,359 posts
Posted by paktua73 > 2024-03-20 12:10 |
Post removed.Why?