Extract from: http://csinvesting.org/wp-content/uploads/2012/04/buffett_and_nfm.pdf
Buffett’s purchase price values the business at $61 million. If Buffett bought 90% of the business for $55 million then the balance of 10% is priced at 5.5 million for a total of $60.5 million.
In 1983 earnings before taxes were $3.8 million and earnings after taxes were $1.5 million. Pre-tax paid by Buffett was 16 times.
Post-tax P/E paid by Buffett is 41 times.
Needless to say, NCK is trading at a SIGNIFICANT fraction of that valuation at ~7x post-tax earnings.
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Last
$20.49 |
Change
1.320(6.89%) |
Mkt cap ! $1.752B | |||
| Open | High | Low | Value | Volume |
| $19.60 | $21.25 | $19.50 | $27.40M | 1.330M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8354 | $20.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.57 | 1400 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| NCK (ASX) Chart |