Replies to post #8275 on Syncora Holdings Ltd. (fka SYCRF)

[DennyCrane550]

interesting ;-)

15-25x EBITDA ~ on 20m EBITDA => $300m - $500m

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"so a rational investor would
value the toll road at 15 times current
year EBITDA if there were only 20 years
remaining on the concession but would
be prepared to pay 22 times if there were
40 years remaining and almost 25 times if
there were 70 years remaining."



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