OTCQX:HEOFF - Post by User
Post by
retiredcfon Dec 21, 2020 1:14pm
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Post# 32153517
Another Assessment
Another AssessmentHEO has a market cap of $144M and trades at 38X earnings. Revenue growth is very good and it has shifted to profitability. Cash flow is still fairly low while $22M of net debt is OK. Insiders own 7% and have been net buyers this year. Revenue was 3% better than estimates last quarter. It looks interesting for those with a small cap bent. We would like to see higher margins/earnings but expect this will come with time. We do like the water sector as a general growth theme. The stock is doing well and getting some broker interest and upgrades.
This was written by 5iResearch on 27 Nov. GLTA