Post by
fundtrader on Sep 06, 2016 1:56pm
Ebidita over 500 million $ ,,more then market cap
Revenue for 2016 is going to be close to 900 million and market cap is less then 400 million $$ I havent seen many companies that trade at these liquidation valuations
Comment by
oexel on Sep 06, 2016 3:13pm
I think you have to remember that shares of concordia are a small slice of the valuation. 3.9B debt + 500M equity = 4.4B or still 9x EBITDA
Comment by
Lumberfeverlong on Sep 06, 2016 4:01pm
In passing, debt is $3.2B and not $3.9B. So we should always take into account debt when using a multiple of EBITDA. Really? Are you not just mixing valuation metrics now for your own benefit?
Comment by
oexel on Sep 06, 2016 6:58pm
I always take into account debt when calculating valuation. Think about it this way, if we got a 4B buyout today, shareholders would walk away with only 800M. I'm long this piece of garbage, cost basis in the high 20s, so trust me, I dont benefit from a realistic valuation.
Comment by
oexel on Sep 08, 2016 1:30pm
Also, I checked again, total liabilities as per Q2 is infact 3.9B