Do you really need growth for a company 2x Net profit. It is basically equivalent to 50% interest in a savings account. The fact that the company is growing over 30% a year at that EV/ebit ratio is what makes this ridiculously cheap. Market is basically pricing in significant deceleration of profits or balance sheet fraud either of which is extremely unlikely in my opinion.
DGL Price at posting:
89.5¢ Sentiment: Buy Disclosure: Held
