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.