Valuation - VFF Raymond and say, “VFF is trading at 5x 2022 EV/EBITDA, while its peers average 29x: an event that should be catalytic for VFF’s share price.”
Raymond James commentary on why VFF jumped.
what about FIRE!!!
2022 ebita - if we flatline at projected q4 rev of 24mil - and 6mil ebita - would be 24++ mil in ebita.
At 29x - would be a 700mil valuation and over $1/share TODAY!!!
obviously we are not a direct comparable - but even at 5x ebita/ev works out to 17cents and that's with no growth.