Quote:
Originally Posted by Mr Banana
Seems cheap to me if it's the whole thing, according to Forbes it made 4.4 billion dollars profit in 2015.
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That's a bit of a misleading headline because it's over a number of years, not hust one year. In 2013, they were £308m. ($550m) Even if they doubled, that would still only be £600m. The company would be worth a multiple of profits, say 10 x profits. If profits were $1bn, the company could be worth $10bn subject to lots of other factors and caveats!
http://www.telegraph.co.uk/finance/n...fits-flag.html