In the meantime, we are "only" assuming valuations of just under 1.46 billion. With sales of 1.X billion and a surplus of almost 0.2 billion, the factor is 7.3 (0.2 billion * 7.3 = 1.46 billion), at least if I calculate the IPO valuation with a price-to-earnings multiple. In my view, these figures are slowly becoming more realistic than the targeted 10 billion! (https://getqu.in/03m9VX/)
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11Lun
@Staatsmann Dankesehr!
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11Lun
@Staatsmann what exactly do you calculate with it ?
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@user480e7a3b2ab04d08 Market capitalization combined with the factorization of price and shares issued. Is at least one way to look at IPOs to see how realistic the valuation is. If a company makes almost no money but values itself at a factor of 500, then you know something is wrong. Plus, IPOs are often used to allow existing investors to cash out anyway.
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•11Lun
@Staatsmann what factor would be acceptable ?
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@user480e7a3b2ab04d08 It depends on the market situation for the IPO. Currently, below 15 is quite realistic, depending on the company. But Birkenstock once expected a factor of 50, which is completely exaggerated. Here is an interesting list: http://valuationacademy.com/industry-specific-multiples/
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