On November 13 2015 06:36 Larkin wrote:
Huh, that seems unreasonably low for 100% of the company. $28m? I would have called at least $50m. Especially considering their profit margins.
Huh, that seems unreasonably low for 100% of the company. $28m? I would have called at least $50m. Especially considering their profit margins.
How do you know what DH's profit margins are? They probably aren't that high actually. ~3.5x rev. valuation is relatively normal, if not a little high. For the most part, except for explosive tech companies, 2-2.5x rev is the standard by which most companies are valued at.