"Aha. You have sold out of VRT though, right?" @thunderhead1,...

"Aha. You have sold out of VRT though, right?"

@thunderhead1,

I'm not a fan of discussing my own personal transactions because, simply, I don't think it is all that meaningful as an indicator of anything.

But since you asked, yes, I sold out of VRT on the day it reported its full-year result.

VRT's Market Cap and Enterprise Value are 42% and 53% bigger than MVF's.
Yet VRT's profitability is only around 15% higher than MVF's.

(But I think that is more a statement about MVF being cheap than it is about VRT necessarily being expensive.)

And the other thing is that MVF is less indebted than VRT, with Net Debt-to-EBITDA and EBIT-to-Net Interest cover for MVF being, respectively, 2.3x and 8.3x, respectively, compared to VRT's 3.1x and 4.4x, respectively.
.