If you perform the same analysis but ignore positive cash reserves as Joel Greenblat does, so EV=MarketCap+Debt ignore negative debt i.e. cash and perform that same analysis then the figures are similar.
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Mean-PBTN/ MktCap = .20SHE PBTN/MktCap=0.397
Ratio =.397/.2= 1.95
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Market Cap 1st approx. = .397/.2 * SHEMktCap = 1.95* 13004740 + SHE cash reserves + BRK shares
= 25,423,602 + 13 million=38 million.
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So minimal cash Market cap would be 38 million, but this ignores SHE tremendous growth.
If we factor in the growth then I believe its market cap would be closer to what Simply wall street suggests is fair value at 376 million.. But this is absolutely dependent on SHE repeating its past growth with high impact wells and the magic of compounding. IF SHE cannot repeat this then it will fall short of simply Wall Street estimates but will certainly be above 38 million
0.5c per share dividend, page-45
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Last
0.9¢ |
Change
0.002(28.6%) |
Mkt cap ! $6.159M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $10.02K | 1.236M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6984739 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 745879 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SHE (ASX) Chart |