5.8X forecast 2013 EV/EBITDA
I am purchasing, today, shares of a company trading at 5.8X my forecast 2013 EV/EBITDA.
The company has reported a six month EBITDA margin of 60%, has grown its revenues by 14% year over year and is in a non-cyclical industry. Per my investment doctrine, the company is the dominant business in its region and operates with monopoly status.
A recent business catalyst, that being a significant expansion of operations, has been completed, and will now be generating revenue.
I am looking for a 2014 revenue increase of almost 20%, and for 2014 EBITDA for grow apace.