stockmail07

RailAmerica IPO: The Numbers Just Don't Add Up

Excellent post. I did some dirty valuation and at the originally proposed price, the PE on the stock was in the 40s compared to its closest public equivalent GWR which trades at a PE of <20 which is MUCH MORE PROFITABLE and MUCH LESS DEBT-RIDDEN. I chose to stay away from the IPO and thankfully so!