[ekozy39]

You lost me on this one. They are over $100M in revenue a year, per Bob in the Fox press release.

Revenue and valuation aren't tied together. Your earnings calc is right though.

You're right. I read it as 7.5x sales.., but it was EBITDA..
But revenue and valuation ARE tied together. You don't think revenue has something to do with a company's value?

 

[Nick]

Does Fox have OEM penetration in the motorsports markets like they do in the bike market?

I know Fox is the OEM shock, both coil-overs and Float air shocks, on some Polaris snowmobile models.

 

[Eren]

Unless its to expand into frames?

That would be kewl, FOX frame, shock, and fork combo, factory sorted!

that would be interesting!

 

[TWeerts]

does this mean they will create a 40 series singlegrown

we can only hope.

 

[bizutch]

Cashed in his chips and went back to tinkering....but also becoming a slave to the shareholders. Wonder how Bob thinks he's gonna dodge the paper tigers???

 

[Jm_]

Maybe they'll even put proper oil seals in their forks some day. (i.e., oil seals held in with a retaining clip that allows them to seal better the higher the internal pressure, allowing for more tunability and better reliability).

 

[beaverbiker]

Maybe they'll even put proper oil seals in their forks some day. (i.e., oil seals held in with a retaining clip that allows them to seal better the higher the internal pressure, allowing for more tunability and better reliability).

man, we can only hope. it's sad when the finance people don't let engineers do their jobs.

 

[MDJ]

You're right. I read it as 7.5x sales.., but it was EBITDA..
But revenue and valuation ARE tied together. You don't think revenue has something to do with a company's value?

Yeah, I knew you'd get me on that one. But, if they had $100m in revenue and EBITDA of ($25m), you can bet the price would be much lower.

 

[*Pepe*]

7.5x EBITDA is a healthy multiple to pay for a consumer products company. it seems to me both parties got what they wanted; mr. fox was rewarded for his stewardship by getting a fat addition to his wallet, and the investor got its mits on a good company in exchange. i personally wouldn't read anything more into it than that... unless the multiple sucked, then it's another story altogether.