WELL Health Technologies Corp T.WELL

ebitda

[jabez3]

This is maybe not an apt comparison, but it's a way I can look at something.

I'm in the carwash business.  Currently, washes are selling for 8-10 times ebitda, sometimes more believe it or not.

Well should soon have 100 million in ebitda.  Ten times that is a billion.  a billion divided by the shares outstanding is a little less than 5 if i have my math right.

So, about $5 a share is the value (in my world) without future potential.  The future potential is obvious.

If you can afford to, sit tight.  I don't know how long it will take but we should certainly be close to bottom, even though it's not a carwash!  

I am all in and have never sold a share. I'll wait even though it's frustrating as hell!

[monty613]

good analysis here jabez3 what you're missing is the Net Debt though as public companies are typically valued using EV/EBITDA multiples EV = Market Cap + Net Debt  = (222MM Shares X $6.30 CAD) + $311MM  = $1.7Bn EV/EBITDA   = ~17X The peer group average is 30X as per a recent TD Securities report, post Q3. WELL also trades at ~3.5X Revenues, when the peer group is 6.5