Now as we come up to three years since the article was written, it would be great to read your thoughts and feelings - changes or differences since then.
looking at all the events that have happened this year, including Mike's departure as CEO, how do you see buying shares at these prices? 9x PER and 6 x EV/Ebitda
A few questions about the projected segment EBITDA margins:
1) why do you keep margins at 42% in digital imaging even though these were inflated margins due to Covid?
2) How do you calculate projected Sensors and Controls EBITDA? If I take sensors and control revenue + projected revenue from acquisitions I get to 45m revenue. Applying 19% margin to that gets me 8.55m EBITDA, not 6.97. Am I missing something?
Professionally structured with great visuals. A masterpiece man. Well done!
Thank you guys! Appreciate you reading.
This is so well-researched and thorough. I'm impressed. Well done!
Thanks so much for your great article! It has been very usefull for me!
Now as we come up to three years since the article was written, it would be great to read your thoughts and feelings - changes or differences since then.
Excellent analysis!!
looking at all the events that have happened this year, including Mike's departure as CEO, how do you see buying shares at these prices? 9x PER and 6 x EV/Ebitda
Hello,
very good thesis,
After seeing the latest results there are two points that catch my attention and I don't like them:
1 - high growth of inventories and accounts receivable
2 - both Ford and Creedon have sold a lot of shares, (Ford 33% since 2021, Creedon more than 50% in 2022.
These two points, especially the second, make me not buy more at these prices.
what's your opinion about it?
Thank you,
Thank you for the great read!
A few questions about the projected segment EBITDA margins:
1) why do you keep margins at 42% in digital imaging even though these were inflated margins due to Covid?
2) How do you calculate projected Sensors and Controls EBITDA? If I take sensors and control revenue + projected revenue from acquisitions I get to 45m revenue. Applying 19% margin to that gets me 8.55m EBITDA, not 6.97. Am I missing something?
If you email me on fairwayresearch@gmail.com, I’ll share the model
Very cool Research, now SDI got below their intrensic Value do you will invest or which price you will start to build a position
Waiting for some more margin of safety.