Thread: Westjet sold
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Old 05-13-2019, 03:06 PM   #15
wwkayaker
First Line Centre
 
Join Date: Oct 2013
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Quote:
Originally Posted by Fuzz View Post
I have no idea how to value a company, but did'nt Dragon's Den say 10x earnings or something?


https://www.westjet.com/assets/wj-we...ual-Report.pdf


Averaging roughly $400 million a year, so $5 billion kinda makes sense?


Massive armchair financier here.

Sounds right from my knowledge of investing and business. Generally speaking, a person wants to buy a business with a price less than 10 times earnings.
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