The PEMS Strategy and the Gravity of Scale
Thanks for writing and sharing!
Great article! Where do you see the FCF multiples going forward to be?
That’s a very good question.
My guess this year would be the midpoint between the recent multiple extremes: 5,500 CAD and 2,300 CAD.
Somewhere around ~3,900 CAD.
But honestly, who knows what narrative the market will run with.
Thanks for writing and sharing!
Great article! Where do you see the FCF multiples going forward to be?
That’s a very good question.
My guess this year would be the midpoint between the recent multiple extremes: 5,500 CAD and 2,300 CAD.
Somewhere around ~3,900 CAD.
But honestly, who knows what narrative the market will run with.