Jul. 3 at 2:09 PM
$QXO
Time for some PTO day research and mathing.
In the May 11th Q&A, which provided plenty of high quality info and guidance, we learned BLD will generate up to
$2.4B EBITDA standalone post synergies by 2030. That’s INSANE.
We learned QXO expects to deliver
$5.5B EBITDA by 2030 as is, without more platform acquisitions, bolt-ons or tuck ins. That’s INSANE.
We all know QXO will be folding in many more businesses over the next 3.5 years.
There’s 1.07B commons in circulation today.
New market cap is
$17B.
This company is currently trading at 8x EBITDA at its current
$2.1B proforma EBITDA run rate. That number is with zero synergies.
You look out further and it’s 3.5x EBITDA.
Guys….