In The Luxury Car Race We Are Betting On Porsche (OTCMKTS:DRPRY)

There are many reasons why the automotive industry is not a particularly attractive one. It is capital intensive, sales are very sensitive to the state of the economy, which results in high cyclicality, and most participants tend to have basically no competitiveJETSTSLAF

EPS DRPRY Discounted @ 10% EPS RACE Discounted @ 10%
FY 24E 0.59 0.54 8.35 7.59
FY 25E 0.69 0.57 9.29 7.68
FY 26E 0.75 0.57 10.34 7.77
FY 27E 0.82 0.56 11.48 7.84
FY 28E 0.89 0.55 12.74 7.91
FY 29E 0.97 0.55 14.14 7.98
FY 30E 1.06 0.54 15.70 8.05
FY 31E 1.16 0.54 17.42 8.13
FY 32E 1.26 0.53 19.34 8.20
FY 33E 1.37 0.53 21.47 8.28
FY 34E 1.50 0.53 23.83 8.35
Terminal Value @ 3% terminal growth 19.64 6.26 306.68 97.72
NPV $12.27 $185.50

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