Ann: FY24 Further Earnings Update, page-81

  1. 327 Posts.
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    What is the highest multiple on this business that the market is willing to pay when all cases are cleared?

    A friend in finance said today when we look at similar AI/tech businesses we could be looking at 30-35 times EBITA. But they are in banking, and I’m not sure if it’s a true or realistic multiple.

    keen to hear thoughts before the update is published….

    hahaha 30 times gets us to about $6.3 on the top end EBITA range ex non operating costs
 
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