Book Value is $29.63 a share as of todayI though Frank's book value statement seemed a little high, but I was wrong. Below is a link to another very informative free Stock info site.
- The book value of a company is the difference in value between that company's total assets and total liabilities on its balance sheet.
- Value investors use the price-to-book (P/B) ratio to compare a firm's market capitalization to its book value to identify potentially overvalued and undervalued stocks.
- Traditionally, a P/B less than 1.0 is considered a good value, but it can be difficult to pinpoint a "good" P/B ratio since it can vary by industry and any particular company may have underlying financial troubles.
FEC's P/B ratio is about a .3, so well under 1.0, normally indicating a very undervalued stock, it means stock is selling for about a 1/3rd of its book price.
Frontera Energy Corporation (TSX: FEC) Statistics & Valuation Metrics - Stock Analysis From the above link: Balance Sheet
The company has 219.70 million in cash and 738.64 million in debt, giving a net cash position of -518.94 million or -6.13 per share.
| Cash & Cash Equivalents | 219.70M |
| Total Debt | 738.64M |
| Net Cash | -518.94M |
| Net Cash Per Share | -6.13 |
| Equity / Book Value | 2.51B |
| Book Value Per Share | 29.63 |
| Working Capital | -85.11M |