BMBLF - Brambles Limited: Why This Logistics Player Is A Buy
2024-06-12 06:08:34 ET
Summary
- My personal rating on Brambles is a strong buy, as I think that the company has been managing its debt reasonably well.
- As per my DDM model, the stock is undervalued, and has an upside potential of ~24.2% from the last traded price of US$18.89 (as on 4th June 2024).
- BXBLY has been managing its debt quite efficiently to support its operations. It has a low net debt to EBITDA ratio, while its interest coverage ratio came in at ~10.2x.
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Brambles Limited: Why This Logistics Player Is A Buy