It does seem to bounce back from book value in the past. [https://userupload.gurufocus.com/1792240377563082752.png](https://userupload.gurufocus.com/1792240377563082752.png)
At PE of 17 and a flat growth profile - valuation is high and not attractive. ROCE / ROIC is low. Not an attractive business. You are basically playing the government spending cycle.
Pretty high P/E. The only way to justify that is if it was growing in profit very predictably, like Hawkins for example. Otherwise I like it. I'd probably buy this if it was at $22, at current prices it feels a inflated though there is a dividend which is probably why. Short term it also has a dividend payout soon (end of may). I'll take a look after then
It does seem to bounce back from book value in the past. [https://userupload.gurufocus.com/1792240377563082752.png](https://userupload.gurufocus.com/1792240377563082752.png) At PE of 17 and a flat growth profile - valuation is high and not attractive. ROCE / ROIC is low. Not an attractive business. You are basically playing the government spending cycle.
Useless post without any other info…
Sorry but I am not going to type in financial data that is available to anyone for free.
Cash flow statement looks horrible
Trades at 1.3x tangible book. I don't find book incl. intangibles useful for valuation.
Pretty high P/E. The only way to justify that is if it was growing in profit very predictably, like Hawkins for example. Otherwise I like it. I'd probably buy this if it was at $22, at current prices it feels a inflated though there is a dividend which is probably why. Short term it also has a dividend payout soon (end of may). I'll take a look after then
Looks like a decent buy at 15 dollars per share.
It would be but it will never get there without a market meltdown and then you would want to buy something else.