GREY:NKRSF - Post by User
Post by
deismanon May 29, 2015 11:48am
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Post# 23777852
Time to talk takeover valuation
Time to talk takeover valuationUsing a larger cap comparison might not be the route to go but thats all I have to work with. PRE was offered 6.50 per share on a 9.80 book value. Its rev is 2.9X its market cap. Niko's rev is higher at 4.9X market cap and is therefore undervalued moreso. Using the same metrics NKO would attract a takeover valuation of $2.40
Comments?