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DS's avatar

ATUS leverage is north of 5.5x - much higher than all peers. I would think that along with the Draghi discount is mostly the reason for the valuation discrepancy. Would think a mix of debt paydown and equity buybacks would be the right path. Ideally getting that leverage to <5x would probably help the multiple.

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Jul 7, 2021
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searching4value's avatar

yes, if they grow (Ebitda), they can increase net debt with constant leverage and buy back (even) more shares

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