Post by
Torontojay on Jul 08, 2020 6:13am
Tangible book
The company is trading at around tangible book value. It's probably not a bad entry point here for the long term investor. Going back to the financial crisis in 2008, linamar averaged about a 13% return on equity. If they can return 13% equity to shareholders for another 10 years then we are well over $100 by 2030.