Tallink’s stock could have the potential to double over the next couple of years.
If a return on equity of approx. 10% could be achieved, it would be quite reasonable to price the stock at a P/B of 1.0–1.2.
AS Tallink Grupp - Valuation
Tallink’s stock could have the potential to double over the next couple of years.
If a return on equity of approx. 10% could be achieved, it would be quite reasonable to price the stock at a P/B of 1.0–1.2.