UOS 0.92% 54.0¢ united overseas australia limited

Valuation, page-7

  1. 449 Posts.
    As at the date of the 2013 Annual Report, total parent company assets were $82m, of which $79m were current assets. (p.72).

    Total consolidated cash and cash equivalents were $436m, so the balance of cash and cash equivalents not held at the parent level was $357m.

    In regard to the total book value, I can't see where you got your parent company figure from. p.45 of the AR shows Total Parent Entity Interest in Equity of $845m. p.71 gives the weighted avg number of shares as 1,095,528,617. This gives parent interest in equity per share of approximately $0.77.

    I think a sum of the parts market valuation is probably a better way to value UOS components, but this is the "book value" type valuation as I see it.
 
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