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On the wires: At record highs, WiseTech is a target for private equity

Record Highs brown road sign
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“WiseTech (WTC) share price: Uncovered, but on the radar. Provisional against the odds estimates point to a fair value in the region of A$32. It currently trades (A$27.5 a share) at over 100x sales, ~ 80x ebitda, and over 100x earnings on a forward basis.” – Loadstar Premium, 11 June 2019.

Remember the figures/multiples above? Well, in those days – yes, only a month ago – WTC traded at A$27.5.

(Source Yahoo Finance)

It’s now worth ~ A$9.4bn ($6.6bn), implying even ...

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