RE:RE:WiLAN Wins at U.S. Federal Court of AppealsThis news hopefully opens the door for a negotiated settlement with Ericsson.
But even more importantly this win will do wonders in removing the stigma that WiLAN can't win in court. It's a HUGE step in market recognition to grant WiLAN the right to trade at multiples that are comparable to their peers. According to Global Maxfin WiLAN trades at only 1/3 of the
EV/EBITDA for 2015 est. compared to their peers (3.3x vs 11.4x). The 2015 est. P/E multiple is equally discounted, coming in a paltry 5.2x vs ~15x mean avg for their peers. Just imagine the upside potential that comes when they sign Apple and finally get the respect they deserve to trade on par with their peers...the stock will easily be north of $10!