RE:RE:RE:RE:RE:Honest questionFor clarity, when I look at a company I do a discounted future cash flow calculation and look at tangible book value per share. I get around $4.50 for the next 5 years with my discounted future cash flow calculation.
can someone provide me with their calculation because I’m having trouble understanding why this is worth more than what I have calculated for it’s discounted future cash flow per share for the next 5 years.
For other companies I look at I consider this to be OK if they would usually be trading at about price to tangible book which would justify it, but this isn’t trading at all close to price to tangible book in my opinion
Thanks