Megaport Ltd
MP1: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.>M | LOCK|<R | LOCK|<fNM?> |
Megaport Earnings: Some Signs of a Turnaround but Still too Soon to Celebrate
We raise our fair value estimate for no-moat Megaport by 4% to AUD 10.90 per share with first-half results. The company raised the lower end of its revenue guidance for the year by 1%, but left guidance for EBITDA, which excludes stock-based compensation and certain nonrecurring costs and benefits, unchanged.
