The value is dependent on the costs of time effort and procurement in setting up the same facilities from scratch.
That makes the assets worth considerably more than the book value.
No doubt those assets have already been depreciated over a couple of years already.
That’s why analysts use the amount of profits year to year before
Earnings Before Interest Tax Depreciation and Amortization
That’s the famous EBITDA acronym used for consistency year to year to compare like with like.
My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.
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