Professional
Added to YB: 2020-02-20
Pitch date: 2020-02-20
AMO.AX [bullish]
Ambertech Limited
+224.63%
current return
Author Info
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Company Info
Ambertech Limited operates as a technology equipment distribution company in in Australia and New Zealand.
Market Cap
AUD 19.1M
Pitch Price
AUD 0.05
Price Target
N/A
Dividend
11.00%
EV/EBITDA
5.08
P/E
6.93
EV/Sales
0.34
Sector
Electronic Equipment, Instruments and Components
Category
N/A
Ambertech (ASX: AMO)
Ambertech: AV distributor, acquired HAV for 2.5x EBIT. Poor cigar-butt due to slow inventory turnover (3x/year) and long receivables (66 days). $5.6m debt, 10% interest. Optimistic guidance: $71.6m rev, $2.8m EBIT FY2020; $43.2m rev, $2.4m EBIT H1 FY2021. 45-55% dividend payout, fully franked. 3-year EV payback potential. Risks: working capital issues, slow-moving inventory. Upside: market re-rating, strong dividends.
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