GREY:XEBEQ - Post by User
Comment by
investorseon Jun 16, 2021 9:39pm
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Post# 33400089
RE:RE:RE:RE:RE:RE:Currency Fluctuations
RE:RE:RE:RE:RE:RE:Currency FluctuationsWhat are you talking about?!
look at the current valuations of the hydrogen players, now, after they came down:
ballard: 36 x 2021 estimated sales
fcel: 38 x 2021 estimated sales
itm power: 105 x 2021 eatimated sales
hygear had sales of $16.7 mil cad in 2019 and there was growth in the double digits over the following 2 years....
so if you apply the low of 36 p/s that ballard has now after its fall, to the sales that hygear had in 2019 (so assuming no growth from that) you will end up with more than $600 mil for a fair price for hygear...How can you say Xebec overpaid for Hygear?! Please don't react to a falling share price and just make bleak assumptions in a reactive manner. They got hygear extremely cheap.
also Hygear has earnings - positive Ebitda.. none of the companies above has a positive ebidta...