Sentences with phrase «tangible book value basis»

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.

Not exact matches

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.

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).

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.

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.

[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.]

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