RE:RE:RE:RE:RE:RE:earnings multipleYes. But as you pay off the debt you save interest. So if in year one you pay off 10% of the principal, then next year you have $27.2 Million extra to put towords the debt. So the debt could be paid in full in 7.5 years if we compound. I would also hope for some sort of sales growth.
notwrong wrote: The forward P/E is around 3.5, of which the earning is the net earning excluding debt interest payment. Currently, the debt is around $3400 billion, and the expected 2016 net earning is around $330 million. That means at least theoretically at this point in time, for CXR to pay off its debt, it will require about 10 years. For those who are confident about CXR and can take the consequence of the very high risk, this is a good entry point, but for those who prefer financial security over high profits, they should not invest all they have into this single stock. Just an opinion. Please do your own DD.