Q: your view on vhi 1-2 years
thank you
thank you
5i Research Answer:
VHI has started to display some nice mometum following multiple solid quarterly results. EPS forecast predicts growth above 40% in the next two years, while revenue growth will be ~11% in each of the next two years. We think VHI looks solid while having decent cash on its balance sheet and the outlook appears positive. It is expensive at 28.9x forward-earnings due to the 47.6% jump it has taken in the last year. But we think it is doing many things right and is developing nicely as a decent small cap stock, with no debt, $30M cash and solid momentum.