Besides, with the company’s enterprise value (i.e. market capitalization plus net debt) equal to 12.5 times the estimate for next 12 months’ earnings before interest, taxes, depreciation, and amortization — and that’s after today’s share price drop — Barnes & Noble’s stock doesn’t even qualify as a deep value.
The article Barnes & Noble: Not An Investment (or Even a Good Speculation) originally appeared on Fool.com and is written by Alex Dumortier, CFA.
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