subject: market capitalization in the worlds [print this page] market capitalization in the worlds market capitalization in the worlds
Falck's future value on the stock stands to take a giant leap forward after a strong 2009-accounting, writes Linards. The accounts show strong improvement in operating profits and a clearly declining debt, which should be tuck the ears of the future investors in the company, which soon starts listed. The price of Falck has increased tremendously over the past four months since the company cautiously announced that it is going back on the exchange. A conservative estimate suggested before Christmas at nine billion dollars for rescue and assistance company, including debt.11 billion The recent months have lifted this value with a few billion bucks, the group can realistically be sold for 11 billion dollars
- We are not dissatisfied with the accounts for 2009. Our operating margin (EBITA, ed) grew by 22.3 percent, said CEO of Falck, Allan Sgaard Larsen. He would not comment on the value of Falck. Arithmetic is otherwise exceedingly simple. Operating profit, measured on earnings before interest, taxes and special items are expected to reach 1.1 billion dollars this year. Looking at other service companies such as ISS, G4S, Securitas and Sodexho must EBITDA profit multiplied by a factor of nine, as time is now to arrive at value. But Falck is a company which has both higher growth and higher profit margins than the above, and therefore can easily be argued a factor of ten, so the value reaches 11 billion dollars. And an IPO may be just around the corner. Rumours buzz about quotations in May and June of the three obvious exchange candidates besides Falck counts Hansen and TDC.
