To see PRTs value look st SWM
nPAT prt 36 m vs 166 m for SWM less than 5 times but SWM market cap is about 9 times
Debt to EBITDA .6 x for PRT and 2.4 for SWM
Interest coverage 24x for PRT and 8.9 for SWM
The merger benefits for SWM are huge and I think a deal will be done sooner than later
PRT Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held