GREY:XEBEQ - Post by User
Comment by
tamaracktopon Apr 06, 2021 5:19pm
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Post# 32944372
RE:The Great thing about today
RE:The Great thing about todayAfter being hammered by Prahbu's abrupt departure, followed by the company's worst quarter in modern history, today Xebec closed at 13.76X trailing revenues. Its multiples have been cut in half by two of possibly the worst events events immaginable.
Even if you assume that Xebec's revenues come in at the mid-range of their guidance, at $120mm, and if you assume no multiple expansion whatsoever, (which are 2 extremely conservative assumptions to be sure,) applying today's multiple of 13.76 times trailing numbers produces a one year target of $10.86.
It's a double even under the very most conservative assumptions. Personally, I'd double that target at the very least.