Sentences with phrase «discount to book value»

It's also trading at a substantial discount to both book value and tangible book value.
Yet, the stock still trades at a sharp discount to its book value and a low P / E on expected 2014 earnings.
Not only was I buying in at a fabulous discount to book value, but I was getting close to a guaranteed 20 % yield to boot!
And even if it had, it's obvious (from peer ratings, even today) it would now be valued at a substantial discount to book value.
Source: The American Association of Individual Investors; * «Campbell Soup Companies» meant those with a long history and that Schloss considered stable and well known Overall, Schloss screened for companies ideally trading at discounts to book value, with no or low debt, and managements that owned enough company stock to make them want to do the right thing by shareholders.
Still, Boyar feels Bank of America shares sell at a significant discount to book value.
Many of the financials that we own are priced at large discounts to book value and at mid-single digit P / Es on 2014 earnings estimates.
For now, he is focused on a strategy that Citi's leaders believe will help the stock price narrow the bank's 30 - odd percent discount to book value.
Trading at a substantial discount to a book value greatly understating the value of its sizable real estate holdings, Reading International's favorable movie exhibition growth profile and conservative balance sheet make for a compelling risk / reward investment.
If the market was depressed, he would search for the proverbial cigar - butt stocks, but if not, he would be content buying companies trading at a steep discount to book value.
It could avoid this risk, however, if it can force Avigen into any transaction that cashes BVF out of the stock — even if that means accepting a significant discount to our book value and a significantly lower price for you.
As a result AIG consistently trades at a substantial discount to book value.
This large New York — based insurer is cheaper than its Canadian counterparts, trading at about a 20 % discount to book value.
Editor's note: A previous version of this story incorrectly stated that Morgan Stanley shares trade at a premium to its book value and that Goldman Sachs» stock trades at a discount to its book value.
While most companies trade either at a premium to book value or a discount to book value based on their industry, these premiums tend to remain range - bound.
At a 40 % discount to book value, the stock is still worth owning at this point, but this is something to watch.
However, the share price fell nearly 40 % in U.S. dollar terms from June 23 to the market close on June 27, allowing us to buy this quality franchise at what we believe is a discount to book value.
The average dividend yield will be high, and shares may be selling at a discount to their book value.
While most companies trade either at a premium to book value or a discount to book value based on their industry, these premiums tend to remain range - bound.
Kelly Services is also selling at a discount to book value as is Cross Country Healthcare (NASDAQ: CCRN).
But it also trades at a 28 % discount to book value and is diversified.
With this strategy, value investors try to find companies that the market has overlooked and that are selling at a discount to their book value.
Its exposure to retail, mortgage financing and various other sectors (adding up to almost half the portfolio) combined with the fact that even its home builders are not the cheapest ones out there, mean that if you want to take advantage of the discount to book values that are out there, the best strategy is to buy the individual securities yourself!
In any case, if you're looking to benefit from the discounts to book values that home builders are trading at, XHB is not for you.
Until the recent rebound in the mREIT sector, the company's shares were trading for a substantial discount to book value, as can be seen in the chart below.
I bought into E-L Financial, trading at a 38 % discount to book value and producing very good earnings.
Conduril is trading at a ~ 70 % discount to book value, a ~ 60 % discount to net current asset value and a 2x PE - ratio.
Investment Thesis I bought into this position because 1) it was a spinoff, 2) it was going to have a market cap of about $ 100 million (generally too small for most money managers to be interested in), 3) it was selling at a significant discount to both book value and cash and 4) it had no debt.
Many sell at a discount to book value.
But what this advice fails to take into consideration is the asking price: while HURC trades for its book value, HDNG trades at about a 60 % discount to its book value.
A value investor, seeing the discount to book value, and sensing opportunity bought a lot of Mony.
Even if you find stocks trading at a discount to book value, there's no reason to believe that anyone else will agree with you... later.
I'm still very much in the process of filling up the 21st century net - net portfolio with mostly small companies trading at a discount to book value and sometimes tangible book value.
The stock trades at a 27 % discount to book value.
Given the discount to book value in place, the current low occupancy and the high (ish) cap rate there are a number of ways we can win and we can afford to be somewhat patient as we will be paid handsomely when we do.
Considering the writedowns to date, the operational losses and the unlisted investments, one can certainly argue for a discount to Book Value, but before homing in on a final number I'll cover some further qualitative analysis in my next post.
On a different note, Berkshire Hathaway probably shouldn't trade at a discount to book value but I'm not sure it deserves its current 1.5 x (approximately) multiple either.
Your estimate for each year is running at a substantial discount to book value.
In fact, with a debt to total assets ratio of approximately 98 percent, virtually any bid General Growth receives in today's environment will be at a discount to the book value of its properties, says Suzanne Mulvee, senior real estate economist with Property & Portfolio Research, a Boston - based research firm.
a b c d e f g h i j k l m n o p q r s t u v w x y z