RE:RE:RE:RetrospectiveI just copied a national bank valuation ratio for TVE from the TVE board...
"TVE is poised for a 47% return (vs. peers 44%) on 2023e leverage of -0.2x (vs. peers -0.3x) while trading at 2.9x 2023e EV/DACF (vs. peers 2.0x)"
YGR EV= 471M / 160M CF 2023 conservative estimate= 2.94 x 2.9x= $8.53 to equal TVE valuation
OR 2x to equal peers = $5.88/sp
Number crunchers please tell me what I have done wrong....