Hi, it would be minimal. But it reflects on valuations in the sector. I added last month. Do your own due diligence of course. I recommend reading the december shareholder letter.
Do you know at what prices they're acquiring other companies at? The next step would be to figure out whether they do any write-downs at the time of acquisition. EV/EBIT 14x is okay but maybe fair if organic growth is low single digits.
How does the current state of orpea affect to Bastide?
Hi, it would be minimal. But it reflects on valuations in the sector. I added last month. Do your own due diligence of course. I recommend reading the december shareholder letter.
Do you know at what prices they're acquiring other companies at? The next step would be to figure out whether they do any write-downs at the time of acquisition. EV/EBIT 14x is okay but maybe fair if organic growth is low single digits.
Good question. Its not in the press releases but could be somewhere or calculated.
I need to get better on this part of the analyses.
I think the EBIT numbers are maybe not fully accurate. difficult to value.
Bear market plus a scandal. That‘s tricky. But worth monitoring. Thanks for sharing.
Welcome Benwin, apparently the scandal is not impacting them directly, but we will know more in one year for sure.