May. 9 at 11:15 AM
$DTEAF DAVIDsTEA's (DTEA) valuation at CAD
$0.60 per share is absurd and ridiculous.
Its revenue in 2024 will be about CAD
$70 million, because its business is seasonal and Q4 traditionally is its strongest quarter.
So DTEA's Enterprise Value at CAD
$0.60 per share is LESS than 0.1x Revenue!!!
All the other beverage stocks such as
$OTLY $REED $SHOT $LSF JSDA, BROS, CELH, COCO etc. trade from about 1x to about 3x Revenue!!!https://www.globenewswire.com/news-release/2024/12/17/2998093/0/en/DAVIDsTEA-Reports-Improved-Financial-Results-for-Third-Quarter-of-Fiscal-2024.html