Italtile (JSE: ITE)
Last traded- Open
- R7.96
- Prev Close
- R8.01
- Day High
- R8.14
- Day Low
- R7.95
Key statistics
| Market cap | R9.3B |
|---|---|
| P/E | 7.1 |
| EPS | N/A |
| Div yield | 5.66% |
| 52W high | R10.45 |
| 52W low | R7.60 |
| Volume | 22K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 25 live member stances recorded by registered members on this page.
What the community is sayingBearish
Investors expressed disappointment as Italtile LTD (ITE) stock declined to R8.20 today. The mood was negative, with participants noting the ongoing downward price movement.
Summarized from 3 posts · updated nightly
8.27 now, down 2%. Stage 4 tonight so building materials are rough.
ITE at R8.78 is trading at a depressed valuation given the housing recovery tailwinds, but the dividend yield isn't compelling enough to offset the balance sheet strain from the pandemic years. Revenue growth needs to accelerate before this becomes a proper value play.
ITE's been treading water around R9.55 while the broader building sector fights it out with load-shedding and weak construction data. At this price the dividend yield is half decent but you're basically betting on a recovery that may still be years away, which is a long hold for