RE: Re-Rate Inbound - Look At The Facts21 Oct 2025 11:12
"Additionally, the gross margin ECOB are targetting is 40% (I read that in one of their RNS's this morning). So take that figure and half it (taxes etc). Then divide that by 7 years, that'll give you an idea of where this should be."
So 40% of 400M is 160M and half of that is 80M and divide by 7 gives £11.5M clear profit pa, for this contract alone, which gives a forward PE around 2!