Guides for 15–20% growth, driven by core ICT distribution & with AI and embedded bets, yet trades at 8x P/E & 6.8x EV/EBITDA for FY26 —offering re-rating potential
It’s impressive to see how resilient their supply chain and distribution network remain amid ongoing global tech headwinds. The focus on expanding value-added services and enterprise solutions could be the real catalyst for sustainable margin expansion going forward. Curious to see how they navigate rising competition in the IoT and cloud infrastructure space next year—those sectors seem ripe for driving the next leg of growth. Thanks for the detailed breakdown!
It’s impressive to see how resilient their supply chain and distribution network remain amid ongoing global tech headwinds. The focus on expanding value-added services and enterprise solutions could be the real catalyst for sustainable margin expansion going forward. Curious to see how they navigate rising competition in the IoT and cloud infrastructure space next year—those sectors seem ripe for driving the next leg of growth. Thanks for the detailed breakdown!