TSX:IBG.DB.E - Post by User
Post by
Oakboy1110on May 30, 2020 2:50pm
169 Views
Post# 31092101
Comparison of IBI Group with Calian
Comparison of IBI Group with CalianTwo weeks back Calian(CGY) announced its second quarter results. Calian ia a comparable professional services company to IBI, both with revenue of approximately $100 million per quarter.It is also thinly traded, the 3 month average daily volume for Calian at 18,674 and for IBI at 45,825 shares. Calian pays a dividend of 28 cents/quarter for a yield of 2.2%. Calian has no debt.
IBI. Calian
Closing price - May 29/20. $4.55 $51.40
Adjusted EBITDA. $1.53. $4.34
Multiple -Price/Adj EBITDA. 2.97. 11.8
Price if IBI Group traded at Calian multiple - 11.8 X $1.53 ---AMOUNTS TO $18.05
IBI GROUP SHARES ARE SIGNIFICANTLY UNDERVALUED COMPARED TO CALIAN