Celsius Holdings Inc (CELH)

[NewJerichoMan]

When VitaCoco sold 25% to Reignwood (Red Bull China) for $665M, it was only doing $250M worldwide. So that was a 10.6 multiplier.

Red Bull China paid-in $165M based on an enterprise value of $665M. 165/665 = 25% stake.

PS Mult (TTM) = $665M / $250M = 2.66 mult.

https://www.bevnet.com/news/2014/vita-coco-coconut-water-sells-25-stake-to-red-bull-china-2/

All Market Inc., owner of Vita Coco, the top-selling coconut water in the U.S., announced Monday that it has sold 25 percent of its stake to the Reignwood Group, the parent company of Red Bull China, for $165 million. The investment has a valuation of $665 million. The agreement includes distribution of the brand’s portfolio throughout mainland China.