RE:TD: lowest valuation in 10 years and 25% FCF yield 2025Does anybody understand what the TD is saying here??????
"We believe Bombardier can continue to generate greater than $6.00 of annual FCF through the second half of the decade in spite of any requirement for investment in a new clean sheet aircraft."
What's this $6.00 FCF???????
Then he goes on to say.
"Bombardier is trading at 6.2x forward EBITDA, in line with its lowest valuation in 10 years despite its significant financial, operational, and strategic progress"
Are these 2 thoughts connected???? Temp? or Pablo?