Esceram current PE is 33
net cash company with no debt
2015-2017 EPS is 3-3.5
with glove manufacturer aggressive expansion, EPS should be able to maintain and growth 30% for coming FY 2021, with current price of rm 0.565
1) if FY 2021, estimate EPS 3-3.5, PE is 16-18
2) if growth of 30%, EPS 4-4.5, PE is 12-14
normalized PE 25
1) Target Price = Rm 0.75
2) Target Price = Rm 1.10
net cash company with no debt
2015-2017 EPS is 3-3.5
with glove manufacturer aggressive expansion, EPS should be able to maintain and growth 30% for coming FY 2021, with current price of rm 0.565
1) if FY 2021, estimate EPS 3-3.5, PE is 16-18
2) if growth of 30%, EPS 4-4.5, PE is 12-14
normalized PE 25
1) Target Price = Rm 0.75
2) Target Price = Rm 1.10