OM:SAAB BAerospace & Defense
Is Saab (OM:SAAB B) Expensive Or Fairly Priced Today?
Saab has delivered a very large 5 year return, yet its current valuation screens as expensive on broad checks, which may give some investors pause as they look at the stock today.
Over the past 5 years, Saab has returned about 9.3x, which is an unusually strong outcome for existing shareholders and raises the bar for what needs to go right next.
Interest in Saab's role in offshore remotely operated vehicles for energy and defense can support high expectations, while any change in defense or...