EV MultiplierFor an Aero & Defense plane manufacturing multiplier I use a 15 X EBITA.
So Bombardier at the end of 2022 should have around $1.1B of EBITDA. Even if I go to the lowest prediction of $1B EBITDA I still get.
EV is $19B /86M = $223 dollars /share. That's the B shareholders value according to EBITDA.
That's a crazy SP. But not unreal.
The SP should or will be a lot higher in 2025. Because Management is predicting 2025 EBITDA of $1.5B. In essence they are saying that the SP will be closer to $280/s for shareholders value per share.
This is what we're dealing with as Longs here. Long term shareholders, have really gotten a boust from the R/S. But the market isn't reacting properly. Because of all the Shorting & Manipulating going on. This type of trading is day trading, and short trading at the moment. But that will change drastically in 2023, when Pearson comes to stream, and the Increased capacity kicks in, along with Service Income starting to come to full gear. Notice I didn't even talk about the LTD. Because that'll take care of itself to $3.5B by 2025. Like you said in your other post. Bombardier doesn't need to dilute us further. They don't need to raise more money for LTD reduction, and they have plenty of Reserves to continue their business this way for current operations till 2025 and beyond.
I enjoy having conversations like this with intelligent people, as opposed to talking to these day traders, trading with charts etc., just for short term gain. Don't get me wrong they're good at what they do, but they're time frame is short that they can't see the FOREST FOR THE TREES. As for Shorts, IMHO, they're just LEGAL thieves of the exchanges for the time being.