Sentences with phrase «shares at a discount to intrinsic value»

How you get there will be some combination of growth in intrinsic value and buying shares at a discount to intrinsic value.

Not exact matches

«GM trades at a significant discount to its intrinsic value despite the company's strong operating performance... By placing what we believe are conservative valuations on each component, it's easy to get a value that is 27 % to 79 % higher than the current share price.

«Repurchases - is sensible [allocation of capital] for a company when its shares sell at a meaningful discount to conservatively calculated intrinsic value.

«Do they [management] have an intelligent read on intrinsic value and will they consistently buy back shares at attractive discounts to that intrinsic value?

Greenlight argues that GM shares currently trade at a significant discount to intrinsic value and that its plan would unlock value by forcing the market to appropriately value the dividend and give credit for GM's earnings potential.

- Applying a 3.5 x revenue multiple to WU.com, which is a discount to Xoom's 4.8 x revenue takeover multiple, and 15x EV / FCF to WU's remaining businesses (retail C2C, C2B, and B2B), which is a substantial discount to MoneyGram's 21x EV / FCF takeover valuation, they derive an intrinsic value estimate of ~ $ 33 per share for WU at the end of 2020, offering ~ 72 % upside, or a 3.5 - year IRR of ~ 20 % including the dividend (3.7 % current yield).

It may be worth highlighting a crucial component to the argument made in the article — cannibalizing shares ought to happen only when shares are trading at a discount to intrinsic value.

In the examples cited (AZO, NVR, etc...), the cannibalization created value because shares were bought in at discounts to intrinsic value over long periods of time.

If you buy a quality business at a big discount to intrinsic value, you get the potential of a double dip — the gap to intrinsic value hopefully closes and then you can also benefit from the company compounding per - share value over a number of years.

Ben Graham's system involves four bedrock principles, two of which Charlie Munger introduces here: 1) a share of stock is a proportional ownership of a business and 2) buy at a significant discount to intrinsic value to create a margin of safety.

Current circumstances allow the investor to purchase shares in the company at a significant discount relative to its long - term intrinsic value.

We then wait for an opportunity to buy shares in them at a discount to our estimate of intrinsic value.

Value investing is all about identifying a company whose shares are trading on the stockmarket at a significant discount to their intrinsic vValue investing is all about identifying a company whose shares are trading on the stockmarket at a significant discount to their intrinsic valuevalue.

Thus if you purchase with a discount to your intrinsic value (say a margin of safety of 30, 40 or 50 %) it doesn't matter if the share price goes down; in fact this is only an opportunity to purchase MORE of the company at an even GREATER discount.

If its worth so much more than the market price might he not just step up and purchase all the remaining shares at even a 10 % discount to his estimate of intrinsic value?

Obviously, share buybacks at a continued discount to NAV / intrinsic value would further enhance those values.

So I will continue to hold my shares at least until favorable tax treatment kicks in (just about a month to go) and the discount to intrinsic value narrows substantially.

Of course, I have no idea what motivated TOT's actual share repurchase, but I don't need to — because I have my own Intrinsic Value for TOT, and / or other companies, I can quickly determine whether current or future share repurchases are at a discount to this Value and therefore attractive — in the case of TOT, based on current metrics, the more share buybacks the merrier!

Furthermore, given the relative stability of the cash flows of the Company's core business, the significant discount to intrinsic / replacement value that the stock currently trades at, and the strength of the balance sheet, we believe ModusLink should immediately implement a $ 50 to $ 75 million share repurchase program.

Of course, the real benefit here is the buyback of approximately 10 % of the company's outstanding shares at a far more substantial discount to intrinsic value.

This presents a real problem, if you don't at least venture to determine an Intrinsic Value for your stock, you have no way of figuring out if a share buyback is at a discount and adding true economic value for your shareholValue for your stock, you have no way of figuring out if a share buyback is at a discount and adding true economic value for your shareholvalue for your shareholders.

Even with a generous premium, a tender offer (and / or share buybacks) could be executed at a substantial discount to ZMNO's intrinsic value.

Shares are currently trading around $ 360 a pop, which means that Apple can be purchased at about 30 % discount to its intrinsic value.

The classic value investor is someone like Benjamin Graham, often heralded as the father of the craft, who seeks to invest in companies whose shares are trading at a discount to intrinsic value.

Yes, a buyback kills two birds with one stone — regardless of the estate situation, share repurchase at this kind of discount to underlying intrinsic value is a pretty compelling proposition.