Ok Gents & Ladies,
Now walking the walk. Here are the values I plugged into my Spreadsheet:
ASXCode SRX
Last Year's Equity 73,500,000
This Year's Equity 81,000,000
This Year's Profit 18,300,000
This Year's Dividends Paid 5,577,000
Total No of Shares 55,800,000
Payout Ratio 0.00
Equity Per Share 1.45
Return on Equity (%) 23.69
Conservative ROE Estimate 38
Required Return (percent) 20
Multiplier (100% payed out) 2
Multiplier (Retained Profit) 7.776
Intrinsic Value $11.29
Plug these figures into your spreadsheet
Heading Column is A
The numbers Column is B
Intrinsic Value Forumla =((B9*B14)*B8)+((B9*B15)*(1-B8))
Corrections/Modifications are most welcome.
My last post was not an Up or Down Ramp.
Just some figures that I plugged in.
Still looking to get back into SRX after selling just so that I could ride MMS from $8.54 to $11.49.
Now that i've made my profit from that trade I have more to allocate to great future stocks such as SRX.
BTW, I do also own CAJ (Capital Health) in case you're wondering if I have any "Healthcare Skin" in the game.
Humbly Yours,
Pandelis
Ok Gents & Ladies,Now walking the walk. Here are the values I...
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