Sentences with phrase «premium over book value»
Eliminating the utility's $ 112.50 market price premium over book value, the market price of the investment trust would be $ 50 without a premium.
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This is hardly the sort of earnings power which should command any premium over book value at all.
Corporations which need relatively regular access to equity markets to raise new funds, will tend to pay out 70 % to 80 % of earnings as dividends in order to give these companies enhanced ability to sell new issues of common stocks, say every 18 months to two years, at prices reflecting a premium over book value.
«The premium over book value that may be involved can be considered as a kind of extra fee paid for the advantage of stock - exchange listing and the marketability that goes with it»
Not exact matches
«See's Candy - it was acquired at a premium over book [value] and it worked.
It may be liquid, stable and even growing, but since it's not generating any value over and above my required return, it deserves no premium to book value.
To give you a sense of just how much money is to be made, the single April 2015 transaction allowed the company to remove the principal balance of loans backing the Trust from its balance sheet and realize a pre-tax gain on sale of approximately $ 78 million after estimated closing adjustments and transaction costs, a 10.5 - percent premium over the loans» book value.
This was a company that was spun out of Pride International (which announced that it was being taken over with a nice little premium a week or so ago, thank you) 18 months ago with no debt and assets with a book value of over $ 35 per share, including substantial cash.
Loughran and Wellman find that for nearly the entire market value of largest stock market (the US) over the most important time period (post-1963), the value premium does not exist, which means that book - to - market is not predictive in stocks other than the smallest 6 percent by market cap (and even there the returns are suspect).
«See's Candy was acquired at a premium over book (value) and it worked.
It may be liquid, stable and even growing, but since it's not generating any value over and above my required return, it deserves no premium to book value.