ITE at R8.78 is trading at a depressed valuation given the housing recovery tailwinds, but the dividend yie…by @newbie_naledi on $ITE

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.