Simply Wall Street's valuation: So I emailed the
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Posted On: 09/03/2020 8:44:48 AM
Simply Wall Street's valuation:
So I emailed the president 2 weeks ago asking if this was correct, projecting $0.46/share by end of 2021.
He got back to me 3 days ago and confirmed there were no errors and sent me a link to how it was calculated. It took several days, but here is how that number was derived:
(The source of free cash flow projections came from creditors, that got the projections from Henry. It is unclear if these numbers are verified as realistic).
1 year forward earnings
2 Billion shares after buyback.
Operating cash flow of $300 million/year
Valuation of 3.5x, sector standard
$0.46/share at the end of 2021.
I also agree with the math (if the projections stand true).
So I emailed the president 2 weeks ago asking if this was correct, projecting $0.46/share by end of 2021.
He got back to me 3 days ago and confirmed there were no errors and sent me a link to how it was calculated. It took several days, but here is how that number was derived:
(The source of free cash flow projections came from creditors, that got the projections from Henry. It is unclear if these numbers are verified as realistic).
1 year forward earnings
2 Billion shares after buyback.
Operating cash flow of $300 million/year
Valuation of 3.5x, sector standard
$0.46/share at the end of 2021.
I also agree with the math (if the projections stand true).
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