Take care penny stock gamblers who value media stocks on air instead of EBITDA and FCF. You can find my posts on Raging Bull - Comcast and Sirius. I lost a lot of faith in Sirius after Mel left. I believe in it again now. Totally undervalued as its valuation transitions from EV/EBITDA and DCF to FCF per share.
Last edited by MUSCLE13; 10-29-2014 at 11:08 PM.
That's correct. For the last couple years since Mel left the stock has been basically fairly valued at around 20 times EV/EBITDA with a 20% 3-5 year growth rate. Nothing to get excited about as it was not undervalued. At times it looked overvalued. But now with the free cash flow per share generation it's completely undervalued based on its growth rate.
Any good media investor gets excited when they see a stock trading at well under
1. it's FCF per share growth rate
2. it's EV/EBITDA growth rate.
I expect a very good 2 years coming up for Sirius strictly because of FCF per share. But hey I don't belong here. You guys have fun. Good luck with your valuations. However the heck you gamblers come up with them.........
Anyway... I still can't find anything written about Sirius Q3 by any of the usual suspects. I'm wondering what that can mean?