separately from any argument along the lines of fundamental value, there's at least one punter (pepsi co) willing to pay at least that much for it https://www.

separately from any argument along the lines of fundamental value, there's at least one punter (pepsi co) willing to pay at least that much for it https://www.forbes.com/sites/petercohan/2018/08/20/4-reasons-to-love-pepsicos-3-2b-sodastream-buy/#778bffd82249 https://www.forbes.com/sites/petercohan/2018/08/20/4-reasons... edit: really naively, looking at stock metrics without any knowledge of what a sodastream business is and how a sodastream business might perform in the future, the stock looks very expensive now compared to historical earnings or current book value ( CAPE > 100 (?!), price / tangible book value > 5 ). Then again, it would have looked really expensive to me a couple of months ago before the stock price shot up -- i assume that was a reaction to news that pepsi co was going to acquire it, or at least seriously thinking about an acquisition.