RE:RE:RE:another fair value calculationThanks Chris, while Tempo1 would appear to support a fair valuation of $125 from their post last week, I disagree. Tempo1 if your fair valuation isn't $125 please feel free to correct me but I also never saw how you arrived at that number either.
I am simply using multiple angles to determine a fair price. I also think the analysts lowball their numbers and as the SP reaches their target then boom another magic upgrade. Its like they are nervous to stretch their targets too far. The highest is Desjardins at $143 at 8.25x EV/EBITDA which I still think is too low.
I've already proven the average EV/EBITDA of 70 stocks in the aerospace/defense sector is 18.49x which I think is too high for BBD. I am still working thru what a reasonable fair price is for BBD. Like Nobody's delivery count for Q3 its likely an educated guess. I also believe BBD is still a transition company and a lot of people still have a bad taste in the mouths, but its coming around. I am of the belief 2025 is when the egg will hatch.