EV/(fwd)EBITDA now ~13 from ~6 at the Corona lows.
Still cheap for a well managed fast growing co.
I expect that ratio to expand to more like 17-20 (Mkt avg over time is 14-16) which takes us to $2-$2.25.
Once we get the next update and confirm growth rate is still high i expect the next leg up.
Ann: Appendix 4C - Quarter ended 31 March 2020, page-15
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)