Not exact matches
Currently, the
company is trading at about 25 times earnings and with a long - term earnings per
share growth rate
of about 15 %, its
price - to - earnings to growth ratio — a metric used to value
fast growing
companies — is about 1.4.
Even before seeing the details
of the merger, which the
companies say will «create a new global powerhouse» in the
fast - food sector with a combined US$ 23 billion in sales, Tim Hortons
share price exploded.
Public
companies are borrowing heavily to buy back their own
shares at the
fastest pace since before the financial crisis, boosting
share prices instead
of investing in new factories or products, which may also explain why growth is slowing.
With the
price at # 46.28 in April 2013, the value
of the
shares had increased
faster than the value
of the
company.