GXL greencross limited
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Valuation, page-5

  1. noomxx
    8,100 Posts.
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    10/05/18
    13:37
    Post #: 33011068
    yes enterprise value is better.
    Then take out net debt.
    With enterprise value can apply a higher multiple, but will need to take out net debt.

    With net debt at around $240m
    People can feel free to to apply their own multiple.
    GXL Price at posting: $3.95 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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