$FMCI taken from a SA write up ->>
Tattooed Chef is growing sales slightly faster than Beyond Meat with a 62% CAGR compared to 59%. EBITDA CAGR is 110% compared to 81%. EBITDA margins are 14% compared with 11%. But Tattooed Chef cost FMCI much less. FMCI paid 2x revenue multiple/revenue growth compared with 12x. Tattooed Chef cost FMCI 16x EBITDA and is growing EBITDA at 110% from last year through next year’s projections compared with Beyond Meat’s 110x EBITDA multiple while growing its EBITDA 81% over the same period. Tattooed Chef has $101 million in net sales over the twelve months ending at the end of the first quarter of 2020 compared with Beyond Meat’s $88 million. Over the same period, Tattooed Chef had $12 million of EBITDA while Beyond Meat lost over $19 million in EBITDA according to S&P Capital IQ. Over the next year and a half, Tattooed Chef is projected to make $31 million of EBITDA, over twice Beyond Meat’s $15 million.
$FMCI - $24 share price 1.3 Billion MC
$BYND - $195 share price, 12.1 Billion MC
All my posts are in my opinion only,do your own DD and don't spend more then you can afford to lose
