I see some inquiry and debate about Distell (JSE code DST) in the "Buffet Boys" group Value Investor SA
For what its worth, here is a quick image from a spreadsheet looking at the cash flow based valuation of Distell.
It seems that if the company can grow sales at 9%, and hold margins (PBT) at 12.5% (levels that do not seem hard looking at the recent past) its share is worth around 79 against a spot price of 70.5. Not bad at all - given that their product seems irresistible...
The whole spreadsheet (editable) is in the Model Portfolio Group
Cheers
Stuart
