Wednesday, 29 May 2013

AEON: What is its fair value?

AEON
31/12/12 31/12/11 31/12/10 31/12/09 31/12/08
EPS (sen) 60.6 55.7 47.0 38.0 34.4
Gross DPS (sen) 24.0 19.0 16.0 12.0 12.0
NAV per shr ($) 4.19 3.67 3.21 2.80 2.51
ROE % 14.49 15.17 14.67 13.57 13.67
P/E ratio 23.30 13.00 12.96 13.04 12.22
Shr Pr ($) (31/12) 14.12 7.24 6.09 4.96 4.20

On 29.5.2013, Aeon closes at $17.96 per share.
Its latest ttm-EPS was 64.46 sen.
This gives a P/E ratio of 27.86 .

EPS Growth Rate last 5 years was 15.5%
Assuming, future EPS GR is also 15.5%, PEG = 27.86 / 15.5 = 1.8

Its gross DPS in 2012 was 24 sen and at present share price, its DY is 1.34%.

[Historical DY ranges from a high of 2.63% to a low of 1.65%.
Historical PE was < 15. ]


At present price of $17.96 per share, EPS GR of 15%, and P/E ratio of 27.86,
1.  What is the Upside Returns / Downside Risk of this investment at the present price?
2.  What is the Potential Returns of this investment at the present price?








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1 comment:

  1. Current market does not allow rational thinking.

    The idea is keep buying and it will keep going up.

    It would be more enlightening if you can do an analysis on GAB.

    ReplyDelete