- Joined
- Mar 6, 2024
- Messages
- 3,336
- Reaction score
- 3,247
Rain highly overvalued
Rain's price-to-EBITDA ratio is completely out of sync with the rest of South Africa's telecommunications industry, which points to a highly inflated valuation.
EBITDA (earnings before interest, taxes, depreciation, and amortisation) is a popular equity valuation metric in the telecommunication industry because it excludes depreciation.
Rain's price-to-EBITDA ratio is completely out of sync with the rest of South Africa's telecommunications industry, which points to a highly inflated valuation.
EBITDA (earnings before interest, taxes, depreciation, and amortisation) is a popular equity valuation metric in the telecommunication industry because it excludes depreciation.