Xero Ltd
XRO: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$33.00 | Nmmlcr | Qqlzgbs |
Xero Overvalued and Increasingly Vulnerable in a Risk Off World
Unlike most other ASX listed companies, Narrow moat rated Xero did not report a financial result last month because it has a March financial year-end. The company has announced little of any significance since its interim result last November and we don’t expect much to be announced before the full year result in mid May 2020.