According to Sico’s calculations of Riyad Capital’s 2024 earnings, $2.5 billion would be 21 times the company’s earnings per share – higher than the 15 times EPS usually expected in IPOs.
According to Sico’s calculations of Riyad Capital’s 2024 earnings, $2.5 billion would be 21 times the company’s earnings per share – higher than the 15 times EPS usually expected in IPOs.
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