Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (15) |
Author: AdrianC ⎊🐝  😊 😞
Number: of 15062 
Subject: Re: Brk and valuation, another opinion,
Date: 01/13/2023 9:17 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 14
Can you show your assumptions on the 5 grove analysis?

Sure, here goes:

Assumptions:
15x multiple of earnings
21% tax rate
30% of float ($45Bn) held as reserve (Berkshire say $30Bn)
Q3 numbers. Earnings are last 4 quarters.

Non-Insurance Operating Businesses Earnings Value 22.13 x 15 = 332
Equity Investments less Taxes 272
Partially Owned Businesses Earnings Value 1.91 x 15 = 28.7
Cash & Fixed Income Available for Investment 105 + 18.6 - 45 = 79
5 Groves Total Value $711Bn

A Share Equivalents 1466045

5 Groves Total Value per A Share $485k
5 Groves Total Value per B Share $323

If I use $30Bn reserve and 17x multiple it spits out $352/b
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (15) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds