Diese Kurse werden bei einem Buyout lächerlich klein erscheinen!
Hier mal ein Vorgeschmack, auf was wir uns einstellen können - erst recht, wenn AAPT nun auch international die Produkte verkauft:
let's run numbers: we KNOW from an article posted yesterday the gross margin for the pet food manufacturers is between 40 and 30% for quality and premium stuff (20% for basic low stuff) so let's take 35% gross margin
let's consider $400Million revenues globally ( consider all their products and the wipes in babies alleys too) (for instance Mars does $16B globally, Nestlé $17B, only pet food)
so 35% margin= $140M gross profit
let's consider adm expenses taking $40M (big nr, imho much less than that)
earnings before taxes is $100M consider 30% taxes remains $70M divided by 250M O/S that's $0.28per share EPS
let's consider a growing company P/E of 50 (amazon is at P/E 180 and nestlé at 200 and they are MATURE companies !!!)
we have a PPS of $14 a share !
if taking a low P/E of 20 we have PPS of $5.6 a share a P/E of 10 (consider the textbook low P/E in stock market): PPS is $2.8 a share.....
FOOD FOR THOUGHT. |