Bienvenue sur le forum !

Si vous souhaitez rejoindre la communauté, cliquez sur l'un de ces boutons !



>> Forum privé (partage d'analyses)





Jewett-Cameron

  • The
    estimated company value is calculated from a 0 growth perspective. 
    The lower end of the expected share
    price does not include any share buyback while the higher end of the
    estimation is an « ex-cash » price (cash is added to P/E ratio
    to determine enterprise value).
  • The
    margin of safety is mostly comprised of net current asset value
    (representing 25% of the share price) and fixed asset value
    (underestimated related to amortization of old buildings accounted at
    purchase price).

P/E of 8 without share repurchase: 9.6$/share

P/E of 8 ex-cash : 11.52$/share

Expected profitability on investment: 1.58$ (20%) to
3.50$(43%)

 

http://pretoriainvestment.com/2011/12/12/jewett-cameron-simple-business-clear-results/

Réponses

Connectez-vous ou Inscrivez-vous pour commenter.