M4M 0.00% 3.2¢ macro metals limited

Those variables have to be estimated if you want to get the...

  1. 70 Posts.
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    Those variables have to be estimated if you want to get the right answer - you can't just ignore them.

    Look at FMG's 2020 results to see the relationships:

    Net income of $4.73bn x P/E ratio of 6.24xs = $29.51bn
    EBITDA of $8.37bn x EBITDA ratio of 3.54xs = $29.62bn
 
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