Hi finch,
If we go by EBIT/EBITDA/NPBT , we will never land a single multibagger.
The market is a strange beast driven by much more powerful forces.
A more important metric is PEG Ratio ( Price/Earning to Growth)....This is the reason I buy what looks very expensive today if I have enough confidence that it will become very cheap tomorrow at a much higher price.
"Value investing" let me down in my early days in the market.
