ABY 4.52% 95.0¢ adore beauty group limited

Adore Beauty; solid business, currently overvalued, page-3

  1. 8,428 Posts.
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    Excellent write up.

    The only thing missing is an extra table showing what the current SP would need to be to give an acceptable IRR, say 10%, to each FY25 EV/EBITDA.

    You didn't mention the Founders shares having come out of escrow. It must be tempting for them to sell more. They've done very well for themselves, I guess beyond their expectations.
    Last edited by IndexInvestor: 30/08/21
 
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