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The Long Case For Union Pacific
2014-12-20 22:29:35| Railroads - Topix.net
UNP trades at a discount when compared to forward EV/EBITDA and P/E multiples of comparable companies, implying undervaluation. We note that all tier-1 rail operators trade at P/E multiples significantly higher than historical averages - the historically high multiples are being supported by higher forecast growth rates for the industry.
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Category:Transportation and Logistics