Description
⋅ Octagonal OCT:LON Contrarian Long
Reasons to go long -
Positive profits
Positive free cash flow
Operating margin 20%
ROCE 10.7%
Excellent risk to reward
Founder owns 52% of company
Market cap 9 million
6 million cash in the bank
No debt
Excellent valuation -
PE 6.7
Div yield 6% with plenty of cover
EV to EBITDA 2.65
DYOR