ALPEK, S.A.B. de C.V. (BMV:ALPEK A) is looking for mergers and acquisitions. During the company's second quarter 2022 earnings webcast, Jose De Jesus Valdez Simancas, Chief Executive Officer, said that Well, look, in terms of M&A opportunities, I would say we're always looking at that, regardless of whether the valuations are lower. Because you see in our valuations, or the companies are -- or the multiples are low.
Yes, the multiples are low, but perhaps the EBITDAs are high. So the fact that the multiple is low with a very high EBITDA does not necessarily mean that the value of the company is attractive'.