RE:RE:Valuation vs. American peersNow go and look back at the valuation of those American firms while they were actively acquiring dealerships. You will find the same deal you see with ACQ right now. They receive a premium while they are buying and they get to scale and they become mature. ACQ still has plenty of growth ahead.
Plus, I can tell you the profitability of dealerships are often misunderstood. As long as people are buying vehicles, and they are big time especially in the West, the money will keep flowing.