Equity Analysis /
United States of America

US : Walgreens Boots Alliance, Inc. - WBA | Fun With Numbers: Pro Forma P/E of 8.8x Not Enough to Justify an Opinion Change

    Alex Ruscher
    Alex Ruscher

    Sr. Res. Assoc.

    27 January 2021
    Published byCGS-CIMB

    With the breaking news of the new WBA CEO announcement after the close, we thought it would be worth considering the entry multiple that investors are paying for WBA core earnings, excluding the $13.86/share in third party investment value, net of the earnings associated with these investments, whi