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Searching for the Dogs of FY23 + Ren's 5 minute valuation

Equity Mates Investing Podcast

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The Value of a Company

For Novo Nordisk to be a good investment is it has to more than double its profits. That's sort of what I've taken from this to for it to grow into the valuation it's got now. And so if you were to use that example, very back at the envelope, but it you'd need to be getting a Johnson and Johnson level of pay to make the investment worth it. Or profit would need to grow faster than what we projected. Yeah. So a lot of numbers, which I recognize probably not the best on a podcast, but hopefully conceptually that makes sense.

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