Sentences with phrase «on tangible book value»

Not exact matches

If you purchase shares of our common stock in this offering, you will experience immediate and substantial dilution of $ in the net tangible book value per share, assuming an initial public offering price of $ per share (the midpoint of the price range set forth on the front cover of this prospectus).

The initial public offering price is substantially higher than the pro forma net tangible book value per share of our common stock immediately following this offering based on the total value of our tangible assets less our total liabilities.

The assumed initial public offering price of $ per share, which is the midpoint of the estimated offering price range set forth on the cover page of this prospectus, is substantially higher than the net tangible book value per share of our outstanding common stock immediately after this offering.

Therefore, if you purchase our common stock in this offering, you will incur an immediate dilution of $ in net tangible book value per share from the price you paid, based on an assumed initial public offering price of $ per share (the midpoint of the price range set forth on the cover of this prospectus).

When paying service fees up front, you should see tangible value provided in the form of e-book production, book design, editorial help, ongoing administration and title management, and so on.

In fact, at a 75 % discount to growth on price - to - tangible book value — two standard deviations below the average long - term level — value hasn't been this cheap relative to growth since the peak of the» dotcom» bubble.2 But, is this unpopularity permanent?

I'm doing a lot of work on bank stocks lately, looking at a lot of cheap stocks selling for significantly less than their tangible book value.

Based on June 2015, the tangible book value was at $ 9.54 a share, September 2015 is $ 1.63... I wonder what makes his significant drop.

Interesting and sometimes compelling idea that may be very illiquid, may be a probability bet with a favourable asymmetrical reward to risk ratio, or may simply be a low quality business that is very cheap relative on a net - net working capital or price / tangible book value basis.

There are two quick down and dirty ways to assess stocks on a fundamental basis: Cash Flow (Operating Company) & Tangible Book Value (Asset Based Company).

I've found that it is difficult to impossible to find any research examining the performance of stocks selected on the basis of price - to - tangible book value.

If anyone knows of any study explicitly examining the performance of stocks selected on the basis of price - to - tangible book value, please shoot me an email at greenbackd at gmail or leave a comment in this post.

Stocks were selected and held only if they appeared undervalued based on ratios like price to earnings, price to «owner earnings» (similar to free cash flow), enterprise value to operating earnings, and price to tangible book.

Our net tangible book value at March 31, 2012 was $ 0.24 per share and was determined by dividing our actual net tangible book value (total book value of tangible assets less total liabilities) on that date, by the number of outstanding shares (1,249,446) on March 31, 2012.

And, if I can be so radical, we begin ignoring earnings and focus on growth tangible book value per share.

It is rare that the judges allow deals to go out at less than tangible book value, particularly on short - tailed P&C companies with little insolvency risk.

[NB: i) Church House's Argo stake is held by the Deep Value Investments Fund, managed by Jeroen Bos — if you haven't read it already, I can highly recommend his recent book «Deep Value Investing», ii) XXX Capital Management is a well - known European hedge fund, which hasn't publicly disclosed a holding in Argo to date, hence the redaction — Argo management are obviously aware of their shareholding & support, and iii) the letter was based on a GBP 14p share price & a higher GBP / USD rate — at the current 13.875 p price and exchange rate, Argo now trades at a 36 % discount to net cash and investments, and a 47 % discount to net tangible assets.]

I determine the tangible book value per share of a company (whether supplied on the annual report or not) for each company that I analyze.

However, I am not averse to traditional value plays based on discount to tangible book when the opportunity arises.

The shares are also priced at 1.95 x tangible book value so investors should get 20.11 / 1.95 = 10.31 % return on the equity they hold per share.