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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by TheRock07on Oct 30, 2015 10:42am
180 Views
Post# 24242991

VRX on BNN

VRX on BNNThey quote 2016 targets that should double from current levels.

They use 12-15 times cash earnings for VRX.
It currently trades at 7 times 2016 forecast cash earnings.

Cash earnings exclude non cash expenses such as amort and deprec.

The equivalent figure for CXR is about $500 million in cad which means that CXR is trading at about 4.5 times forecast 2016 cash earnings.

Anyway you look at CXR's valuation you will get a 2 to 3 bagger based on 2016 forecast cash earnings.

Have a great weekend
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