Sentences with phrase «assets of a company less»

Price / book (or P / B) ratio is calculated by dividing the market price of a company's outstanding stock by its book value (total assets of a company less liabilities) and then adjusting for the number of shares outstanding.
The total assets of a company less total liabilities and not including intangible items such as goodwill.

Not exact matches

Perth - based oil and gas company Antares Energy has received a fresh $ US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Long delayed by the Securities and Exchange Commission (SEC), Title III was the most controversial provision of the JOBS Act because it allowed non-accredited investors — generally defined as individuals with less than $ 1 million in assets who earn less than $ 200,000 per year — to invest in private companies as shareholders.
Companies ripe for takeovers often have some of the following traits: • a small capitalization; • a market price less than book value; • a «weak» management team; • ownership of undervalued assets or important patents.
I know first hand of one of the world's most celebrated wealth management companies that charges clients roughly 1 % of assets each year, and then parks a great deal of the money into S&P 500 index funds with expense ratios of 1 % to 1.25 % (compared to less than 0.10 % for an industry leader such as Vanguard).
Glaucus claims that Blue Sky inflates the value of its investments, and that its published fee - earning assets under management figure is not the $ 4 billion the company presents, but less than $ 1.5 billion.
A shareholder's equity is the total of all assets less the total of all liabilities of the company, divided by the number of shareholder's shares.
The purchase price of each Share will be (i) not less than the net asset value per Share (the «NAV Per Share») of the Company's common stock (as determined in good faith by the board of directors of the Company or a committee thereof, in its sole discretion) immediately prior to the Expiration Date (as defined in the Offer to Purchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tender Offer.
Graham recommended [in 1970] that an industrial company should have at least $ 100 million of annual sales, and a public utility company should have no less than $ 50 million in total assets.
A lot of it may also be that people are still treating this as a highly indebted, risky, poorly operated, and marginally profitable company that it is without looking deeper at the assets that it will still hold after receiving the $ 1.7 billion from Itochu, and how new Dole will now be a much healthier and less risky company
Based on government valuations, companies deciding to renew their concessions under MP 579, such as Eletrobras, would be forced to receive indemnity payments as much as 50 % less than the book value of their assets.
Why would you only buy things that were 65 % or less of NCAV where net current assets are mostly inventory, where the company lost money in 4 of the last 10 years, etc..
Still, with less than $ 100 million in debt due before 2020, Barrick executives said the company is shifting to a growth strategy, focusing on Nevada and the Dominican Republic, and will no longer sell assets in order to reduce its billions of dollars in debt.
A foreign stock fund will typically invest 80 % to 100 % of its assets in stocks of companies outside the United States, whereas an international stock fund might have 50 % or less of its holdings in foreign stocks and the remainder in US stocks.
After giving the company credit for the expected ramp - up in production from large current investments, the company is trading at less than 9 times earnings — too low considering that approximately a quarter of those earnings come from the very high - return trading segment and the rest come from long - lived and well - run mining assets.
«However, the impact on the company has been less than that upon the industry generally, due in part to the quality of our assets, but also because of the ongoing yearly maintenance and improvement to those assets
«The visit, which lasted for less an hour, was part of routine efforts to ascertain the state of the assets of the publishing company which is subject of subsisting interim forfeiture order.
Assuming a company's working capital (current assets less current liabilities) is conservatively stated, Graham and Rea felt that a firm could reasonably be expected to be sold off for the value of these assets.
Seeks capital appreciation by focusing on undervalued mid-and large - cap companies, with a significant portion of assets in foreign securities and, to a lesser extent, distressed securities and merger arbitrage.
Typically, these bonds are issued by companies with less than stellar credit and are often tied to specific pieces of capital equipment or assets.
Or, the equity investors that have control of the company might pursue a unprofitable strategy that encumbers the assets of the firm, leaving the bondholders with a less valuable entity for their debt claims.
You'll probably end up with less guaranteed income (or a smaller stash of assets) using this tactic than had your company offered a partial lump sum - and - annuity option.
Less common are asset management services, and owning insurance companies, but some of the bigger firms do those.
FocusShares, meanwhile, attracted a mere $ 100 million in assets, and with an average fee of 0.15 % that's $ 150,000 in revenue — probably less than what some of the company's employees earn.
Jay Hill: We try to buy companies at two thirds or less of a conservative estimate of what Benjamin Graham called intrinsic value, with intrinsic value defined as what the business would be worth in an acquisition or by estimating the collateral value of its assets and / or cash flow.
``... if the company were actually liquidated the value of the assets would most probably be much less than their book value as shown on the balance sheet.
If funds invest as we advise, sticking with well - established, mostly dividend - paying companies and spreading their assets out across most if not all of the five main economic sectors, they will tend to lose a lot less than the market indexes in periods when the indexes fall sharply.
If a company is trading for less than its book value (or has a P / B less than one), it normally tells investors one of two things: Either the market believes the asset value is overstated, or the company is earning a very poor (even negative) return on its assets.
The first being Benjamin Graham's net current asset value method that looks for companies trading for less than two - thirds their current assets less all their liabilities, which is a rough measure of their liquidation value.
What's more, Graham's goal was to get a dollar of assets for less than 50 cents, purchasing only companies that were on sale.
Fund management companies are considered «large» or «small» groups depending on whether they have assets under management in the United States of more or less than $ 34.5 billion, respectively.
The Large Cap Fund normally invests at least 80 % of its net assets in equity securities, consisting of domestic common and preferred stocks of large capitalization («large - cap») companies — a company, at time of purchase by the Fund, with a market capitalization greater than or equal to the lesser of $ 10 billion or the median market capitalization of companies in the S&P 500 Index.
Analysts, however, don't pay much attention to the absolute number, because the replacement values are likely overstated (or, to put it another way, companies could replace their current assets with assets of comparable condition for less than the stated replacement cost).
Graham loved «net - nets ``, stocks trading substantially less than the current assets of the company minus all its liabilities.
* The Board believes that the offer price of $ 1.20 per share is approximately the company's current net cash value less wind down costs, but does not reflect the value for the company's other assets, including its AV411 pain and addiction program and rights to future payments from Genzyme Corporation.
«The Fund invests 60 % to 70 % of its assets in dividend - paying and, to a lesser extent, non-dividend-paying common stocks of established, medium - size and large companies.
For those that haven't read me much, the deadly trio of too much leverage, illiquid assets, and liquid liabilities is what causes most corporate defaults of financial companies, not lesser issues like mark - to - market accounting.
That means $ 1.4 billion of the fund's assets are invested in these large companies, providing a very stable foundation for the investor in their consistent earnings and dividends, while smaller companies that carry much less weight in the index and are even further oversold provide potential for capital appreciation.
For an investment company or similar entity, the total current value of assets held less the amount of outstanding liabilities, divided by the number of shares outstanding.
(When a higher rate of return on pension assets is assumed companies can set less money aside, boosting earnings.
A large quantity of current assets, especially if they consist of inventories, costs in excess of billings, or receivables from less than creditworthy customers, probably can not help the common stock of a company which can not meet its obligations to its creditors.
Yet, had you focused exclusively on net nets (Graham's famous approach whereby one only buys stock in companies where the sum of current assets less all liabilities exceeds the market value), you would have cashed in 29.4 % annually in the same period.
Technically yes, but many companies within the fund make up less than 0.001 % of the fund's $ 201 billion in assets under management, hardly enough to significantly affect the funds performance, as shown below.
The total of a company's assets less any liabilities.
It is not uncommon to see informed investors, such as a company's own officers and directors or other corporations, accumulate the shares of a company priced in the stock market at less than 66 % of net current asset value.
Common characteristics associated with stocks selling at less than 66 % of net current asset value are low price / earnings ratios, low price / sales ratios and low prices in relation to «normal» earnings; i.e., what the company would earn if it earned the average return on equity for a given industry or the average neti ncome margin on sales for such industry.
On a similar note I'm also becoming less and less enthused with Winthrop management's handling of their liquidation; its been almost a year now since the company's remaining assets were put in a liquidating trust and we shareholders have seen little in the way of property sales and liquidating distributions.
We seek to construct a discounted portfolio of stocks consisting of companies which due to the geographic and sector diversification of the underlying assets are less likely to display high correlations to the market.
Allows for additional tax - deductible contributions to be made by the company should the rate of return on plan assets be less than 7.5 % a year
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