Mar. 21 at 1:30 AM
$QXO Adding my bullish two cents while everyone blows with the share price wind.
The fully diluted market cap at Friday's close is
$14.34 billion. Assuming there is
$5 billion in dry powder left (conservative since I see 5-6 estimated after Kodiak costs), that values the company at
$9.34 billion, when 2026 revenue estimates of Beacon/QXO + Kodiak would come in at
$10 billion. Less than 1x price to sales here after stripping out cash on hand is not bad. Sure, it's elevated on P/E and P/S when compared to
$BLDR, but Brad's presence alone isn't getting as big a boost right now as some posters make it seem.
Personally, I buy whenever market cap is at 1.2x revenue + cash on hand, and I buy like there's no tomorrow whenever revenue + cash on hand dips below 1x sales. I bought 200 shares on Friday, and I will go full port if this stays below 20 as some of my recovering tickers add value.
