Estimating Trade Flows: Trading Partners and Trading Volumes: Elhanan Helpman, Marc Melitz, Yona Rubinstein, NBER Working Paper No. 12927, Issued in February 2007
Not exact matches
It's currently
trading at 5.5 times enterprise value - to -
estimated 2014 cash
flow, which is below its group average of 7.2 times.
This ranges from identifying time trends in transaction data, to creating price prediction models, to
estimating the relationship between
flows of cryptocurrencies to exchanges and subsequent
trading activity.
The research, broken down by country and by
trade sector, shows that between 2005 - 2007 the total amount of capital
flow from bilateral
trade mispricing into the EU and US alone from non-EU countries was an
estimated # 581.4 bn.
Based on
estimated global virtual water
trade flows, national virtual water
trade balances can be drafted, but getting countries to agree on creating a fair market for water isn't easy.
Excluding net cash (Amdocs has over $ 9 a share in cash), Amdocs
trades at a roughly 10 % trailing free cash
flow yield and a little over 10 times forward earnings
estimates.
Real GDP grew by 2.4 % in the first quarter but is
estimated to have contracted by 1 % in the second quarter, pulled down by volatile
trade flows, uneven consumer spending, and the Alberta wildfires.
On a net asset value basis (using management's last
estimate of DHT's fleet value, $ 400 million) DHT is
trading for less than its fleet value on an unchartered basis, despite the roughly $ 100 million at least in free cash
flow to be collected by DHT through 2012 when the charters begin to roll off.
We believe the company should
trade at 5 - 7x our
estimate of normalized cash
flows and 1.5 - 2.0 x book value, which would represent a price target of $ 75 - $ 105 and upside potential of 225 - 350 %.
The company reported full - year revenue growth of just 3 %, net debt plus pension deficit plus
trade payables (net of receivables) totaling GBP 560 Million, and produced just GBP 31.6 M of free cash
flow (vs. a prior GBP 42.0 M)-- and GNC still manages to sport a GBP 941 M market cap & an
estimated P / E of 15.2!?
Home Depot
trades at 17 times forward earnings
estimates, and about 16 times expected 2013 cash
flow.
After
estimating likely cash
flow streams, I tried to
estimate where a single - B bond would
trade in that environment; that is, if it would
trade.
For securities not actively
traded, fair values are
estimated by using quoted market prices of comparable instruments or, if there are no relevant comparables, on pricing models, formulas or cash
flow forecasting models using current assumptions.