RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NoShort - The Bottomless fool, The Tree Planter....I discount debt off enterprise value to get equity value as per standard valuation methodology.
If they had excess cash, I would add that to EV in order to get equity value.
This is valuation 101, why is it so hard for you to understand?
Noshortsallowed wrote: How about the fact that you want to discount debt off of the intrinsic value without also accounting for their assets? Their assets are approximately double their debts. You are disingenuous with your calculations and unfair with your analysis. Try and spin this one.