RE:auburn EBITDA multiples by industry
Q1 of 2017:
https://cathedralenergyservices.mediaroom.com/2017-05-11-Cathedral-Energy-Services-Reports-Results-for-2017-Q1 EBITDAS of $6.8 million. Annaluzed = $27.2 million.
At a 10X multiple that suggest an enterprise value of $272 million. Share price of about $5. In a good market EBITDAS generation can go much higher than that.
Q3 they did $2.236 EBITDAS which still annualizes to $8.9 million. At 10X, EV = $89 million, or over $1.75/share.
The sector is being liquidated. It will turn. I bought some Athabasca today. Cathedral is strongly positioned and management is very good at what they do both technologically and how they manage the business financially. It's a top takeover candidate.
An offer by the Wilks brothers won't at all surprise me. Their technology is the best in their niche.
https://www.cathedralenergyservices.com/performance/