The information for this article mainly comes from the annual report (30 June 2023), the quarterly report for the quarter ending on 31 December 2023 and the proxy filing for the annual meeting on 20 May 2024.
On Twitter someone commented that the stock is also less cheap than it seems because of earnings that go to minority interest. After correcting EBIT for this effect (excluding part of EBIT based on net income attributed to minority interest) EV/EBIT is low enough for it to be an excellent low EV/EBIT + quality, on a statistical basis.
On Twitter someone commented that the stock is also less cheap than it seems because of earnings that go to minority interest. After correcting EBIT for this effect (excluding part of EBIT based on net income attributed to minority interest) EV/EBIT is low enough for it to be an excellent low EV/EBIT + quality, on a statistical basis.
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