WOW has reported very strong Aust Food sales for the 3Q17.
If we assume FY18 revenue of $57b, EBITDA $3.5b, Net Profit $1.55b and dividends increasing from $0.70 in FY17 to $0.80 cents in FY18, it places WOW on a forward yield of 3%.
You're not a member! Trial today
Based on the above metric, we think WOW is now fully valued and investors should add a covered call above the market to enhance the return.
