Duell - Motorsports for the stock market

[Karhu_Hylje]

@S_Nyyssonen

If you want to talk about mathematics, you should probably first learn how to calculate even the net debt correctly; you were rambling a couple of messages above that after Q4 the debt would be 15-18 million, even though it is already under 15..

Net debt is stated in the report, and it was €22m at the end of Q3.

@S_Nyyssonen

If the company is valued, including debt, at less than 1/3 of its assets and makes ~25% of its market cap in operating profit per year in a weak market according to even your own forecast, I would like to know what you consider low then?

Otherwise, comparing operating profit (EBIT) to market cap makes no sense, because financing costs and taxes are only deducted after the operating profit. Operating profit should always be compared to EV (Enterprise Value).

You still haven’t provided any calculations or justifications, besides your coarse language.