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Westjet sold
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05-13-2019, 02:48 PM
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neo45
#1 Goaltender
Join Date: Nov 2011
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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.
Valuing a startup is completely different than valuing an airline
They likely used other airline acquisitions as comparables
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