HUGE DEAL!!! Stock Should Be Materially Higher.Such a great deal, now that Savaria finally has a strong valuation they can use their stock as currency to add great acquisitions like this one and have it be so accretive to EBITDA and EPS.
Working Through the Numbers:
Increase Trailing 12 Month EBITDA from 20.5M to 30.5M or 49% Increase
FOR
Addition of Shares from 38M to 40M or 5% Increase.
Growing EBITDA by 50% while only increasing the share count by 5%!!!
This stock just got so much cheaper….
LONG