Q: Could you please provide a more detailed rationale for your latest addition to the Balanced Portfolio. GFL.
How is the current valuation and debt, compared to its competitors ?
Could you also explain the recent secondary offering by some of its institutional share holders and the shares buyback by the Co.
Although, stock dropped on Friday, alongside the market, but do you consider the Co to be a decent hedge during uncertain tariff times ?
What will 5i rating for the Co, if you were to provide one ?
Thank You
How is the current valuation and debt, compared to its competitors ?
Could you also explain the recent secondary offering by some of its institutional share holders and the shares buyback by the Co.
Although, stock dropped on Friday, alongside the market, but do you consider the Co to be a decent hedge during uncertain tariff times ?
What will 5i rating for the Co, if you were to provide one ?
Thank You
5i Research Answer:
GFL trades at a fairly high forward P/E of 64X, which is at a significant premium to its US...