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Westjet sold
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05-13-2019, 03:06 PM
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wwkayaker
First Line Centre
Join Date: Oct 2013
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Quote:
Originally Posted by
Fuzz
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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