DMP.ASX now trades on a forward yield 1.5% assuming EPS of $1.40 into FY17. This places the stock on 50x multiple and the market assumes the business can continue to grow EPS by 30%+ per annum.
Current market cap $6.5b
DMP.ASX now trades on a forward yield 1.5% assuming EPS of $1.40 into FY17. This places the stock on 50x multiple and the market assumes the business can continue to grow EPS by 30%+ per annum.
Current market cap $6.5b
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