Updating same valuation based on 2024 results and 2025 outlook from 5-mar-25, results me a target price of 51€/share, with flat growth and most Litigations still pending (6,5 B provisioned) vs. 61€ previous target price. Any opinion about them?
Hi searching4value, not sure about the question. EBITDA group usually allocated HQ expenses on divisions so i guess the valuation does not change. Don't hesitate to clarify and I'll try to answer.
Updating same valuation based on 2024 results and 2025 outlook from 5-mar-25, results me a target price of 51€/share, with flat growth and most Litigations still pending (6,5 B provisioned) vs. 61€ previous target price. Any opinion about them?
Let me digest it. Im gonna publish an update soon.
Any overhead /HQ costs (EBITDA) to be included and at what multiple?
Hi searching4value, not sure about the question. EBITDA group usually allocated HQ expenses on divisions so i guess the valuation does not change. Don't hesitate to clarify and I'll try to answer.