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Bullboard - Stock Discussion Forum Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMAF | V.RET.A | RTMNF

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a... see more

TSXV:RET - Post Discussion

Reitmans Ord Shs > Where would rather Invest
View:
Post by savyinvestor333 on Dec 15, 2023 7:16am

Where would rather Invest

Stat                                             Roots                              Reitmans
Market Cap                                 101 million                      124 million
Cash or Debt                              -52 million                       101 million
Earnings so far this year           -12.7 million                     14.8 million
Enterprise Value                       153 million                         23 million

So as a going concern without the cash we are valuing the Real Estate, Inventory and Brands at a total of 23 million. Adding 14 million of earnings this year. How is this a bad thing? We should be many multiples higher than Roots.
Roots share price is actually flat over a 1 year period RET.A is almost the same +- a few  points
Comment by sorrenson on Dec 15, 2023 9:12am
Where would rather Invest? As long as Reitmans is on the Vulture exchange it will be garbage.