04-04-2012, 02:17 PM
(This post was last modified: 04-04-2012, 05:53 PM by Curiousparty.)
$45.56mil - $8.867 = $36.7mil .
6 times adjusted EBITDA will give 50 cents.
Add back 13 cents will give 63 cents.
Breaking New Toyo up and selling the various parts will give a higher valuation?
Any comments pls?
6 times adjusted EBITDA will give 50 cents.
Add back 13 cents will give 63 cents.
Breaking New Toyo up and selling the various parts will give a higher valuation?
Any comments pls?
(04-04-2012, 12:27 PM)portuser Wrote: I know little of accounting.
Is the EBITDA of the reduced group not the present EBITDA less New Toyo's share of profit in SAH?
By the way, New Toyo's EBITDA for 2011 will be revealed in its soon-to-be-released annual report.
My estimate of 2011 EBITDA is based on profit before tax, depreciation & amortisation and interest expense.
They sum to $36.5m in 2010, slightly higher than from official figure of $36.14m in the 2010 annual report.
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