Added to YB: 2025-03-11
Pitch date: 2024-08-23
ATP.AX [bullish]
Atlas Pearls Limited
+109.43%
current return
Author Info
No bio for this author
Company Info
Atlas Pearls Limited produces and sells south sea pearls in Australia and Indonesia. It owns and operates silver and white sea pearl.
Market Cap
AUD 78.5M
Pitch Price
AUD 0.09
Price Target
0.44 (+126%)
Dividend
13.33%
EV/EBITDA
3.02
P/E
3.63
EV/Sales
1.33
Sector
Textiles, Apparel and Luxury Goods
Category
value
$ATP.AX - A Lost Pearl in the Sea?
ATP.AX: South Sea pearl producer trading at 1x EV/EBITDA, ~70% FCF yield, zero debt. 44% insider ownership. Pearl prices surged post-COVID, supply constrained. Risks: demand cooling, illiquidity, currency exposure, oyster diseases. Catalysts: August auction results, FY24 report, China luxury spending resumption.
Read full article (17 min)