May. 7 at 5:20 PM
$DTEAF DAVIDsTEA (DTEA) will announce its annual results on Wed 28 May before market open, according to today's news.
Once Q4 2024 is out, I believe cash exceeds CAD
$10 million and debt remains ZERO.
Therefore, DTEA's Enterprise Value at CAD
$0.60 per share is less than CAD
$5 million (!!!).
And DTEA's annual revenue are almost CAD
$70 million.
So this valuation is absurdly low compared to many other beverage stocks such as
$REED $SHOT $BROS $OTLY etc.
And I strongly believe DTEA could yield MORE than 300% in the next 12 months, excluding any buyout premium.