Sep. 17 at 7:29 AM
$DTEAF Beverage stocks. Here is why debt-free
$DTEAF now is absurdly cheap.
Check the multiples for the other beverage stocks such as Reborn Coffee (REBN), Laird (LSF), Jones Soda (JSDA), Reed's (REED), Safety Shot (SHOT), BROS, OTLY, MNST, CELH, FIZZ, WEST, COCO, Lifeway (LWAY) etc.:
- Their EV-to-Revenue ratio currently ranges from about 0.7 times to about 3 times.
- Their EV-to-adj. EBITDA currently ranges from about 5 times to about 15 times.
On top of this, many of the aforementioned peers have these multiples despite the fact that they are unprofitable and/or indebted such as
$REBN $REED $SHOT $OTLY , JSDA, LSF etc. to name some.
For comparison, as explained in my previous analytical post, DTEA's Enterprise Value now at C
$0.75 per share (Toronto) is about C
$12 million, so:
- Its EV-to-Revenue currently is only 0.2 times.
- Its EV-to-adj. EBITDA currently is only 1.7 times.
