GREY:CVHIF - Post by User
Post by
StudentRon Oct 16, 2015 10:38am
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Post# 24197587
Quick and Simple Valuation
Quick and Simple ValuationAnalysts have CXV at the end of 2016 with 0.04 EPS. I believe this estimate is more than reasonable. If we take the average P/E ratio of stocks in this sector it is around 40. High relative to other sectors but average for this sector. With the forcasted EPS and the industry average P/E ratio CXV should be worth ~$1.60 at the end of 2016.
Even if we take a more conservative approach and value it at a 20 P/E it will be worth $0.80 at the end of 2016. Just a little under Mackie's estimate. Thats more than double the SP.