RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Kherson Once gain, its not that complicated...here is how you do it algebraically:
EV/CF = 4
EV = 4CF
(Price per share x 608M shares outstanding) + Net Debt = 4 (265M)
608,000,000x - 210,000,000 = 1,060,000,000
608,000,000x = 1,060,000,000 - 210,000,000
608,000,000x = $850,000,000
X = $850,000,000/608,000,000
X= $1.40
I have no idea where you got the VET numbers from, but i'll entertain you.
Are those numbers annual or multipled by a 4x multiple?
downtozero wrote: Again, not by Eric Nuttall's guidance you pointed to earlier. Take VET for example. Debt, $2B. Cash Flow, $1.4B, FCF $800M. CF - debt = -$600M (that's negative 600 million). But...Eric's presentation show's they're worth between $10 and $14 per share (4 to 6 times MV). Obviously he's not considering the full debt in his calculations.