There is something a bit out of whack with this acquisition multiple .
Forget the dress up as an EBIT multiple . This is selective .
On an EBITDA basis it’s a 5.7 x multiple when SRG is currently trading on a circa 4.5 x EBITDA multiple .
What am I missing here .
They are overpaying based on their current multiple and also in a market where paying above low 4s is just unnecessary, especially for another labour orientated business that operates on single digit margins .
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Last
$1.62 |
Change
-0.020(1.22%) |
Mkt cap ! $978.4M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.65 | $1.62 | $1.005M | 618.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30959 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 20500 | 1 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| SRG (ASX) Chart |