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0.0150699677072119 0.0150699677072119 0.0133046286329386 0.0242195909580193 0.0505920344456403 0.0279870828848224 0.0484391819160387 0.030139935414424
Stock impact report

MiX Telematics: Quality Business, Quality Management, Cheap Price [Seeking Alpha]

MiX Telematics Limited American Depositary Shares, each representing 25 Ordinary Shares (MIXT) 
Last mix telematics limited american depositary shares, each representing 25 ordinary shares earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.mixtelematics.com
Company Research Source: Seeking Alpha
SummaryMiX Telematics has a track record of profitable growth, and the runway remains long.The company is a leader in the telematics space, with a shareholder-friendly management team focused on the long-term.Shares trade at cheap multiples on both a relative and absolute basis.MiX Telematics (disclosure: long) is a founder-led business at somewhat of an inflection point.The company has spent the past few years investing margins into growing the customer base while increasing their global presence and building their brand, and are now poised to experience operating leverage as they continue to scale their SaaS products and service offerings.Despite having a diverse customer base and a large market share in fleet management services, the growth runway remains incredibly long with a huge TAM and overall under-penetration for telematics services industry wide. The company has a long history of profitability, accretive buybacks and returns of capital to shareholders, and can be purchased Show less Read more
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