Silver Chef (ISIN AU000000SIV4) – The “Better Grenke” from Down Under ?
Following my previous posts on Australian stocks and Australian leasing companies in particular, it is not a big suprise that my first Australian investment is an Australian leasing/financing company called Silver Chef.
The company / the business
Silver Chef is an Australian company which according to the website “delivers equipment funding solutions that help small businesses reach their full potential.”
The company went public in 2005. Some key figures (at 9,20 AUD/stock)
Market cap: 323 mn AUD
P/E 2014/2015: 15,2,
P/B 3,11
Div. Yield 5,7%EV/EBIT 20,2
EV/EBITDA 4,9