Octagonal OCT:LON Contrarian Long

Octagonal OCT:LON Contrarian Long

Reasons to go long -

Positive profits
Positive free cash flow
Operating margin 20%
ROCE 10.7%
Excellent risk to reward
Founder owns 52% of company

Market cap 9 million
6 million cash in the bank
No debt

Excellent valuation -

PE 6.7
Div yield 6% with plenty of cover
EV to EBITDA 2.65

DYOR