Sun, Jan 25, 2015, 11:24 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Genworth Financial, Inc. Message Board

  • cvdpro cvdpro Dec 13, 2012 5:49 PM Flag

    Why someone on Bloomberge said

    GNW is worth $11.

    This is a simple math, Please enlight me if you think I am wrong

    GNW has around 16 billion equity, if we take out 2 billion intangable asset, then the net equity would be 14 billion.

    Suppose GNW sold all its unit at 40% of its equity(some units could get much higher price), then they can fetch 5.6 billion dollar, also they could claim 8.4 billion dollar lost, they the tax benefit for the 8.4 billion is worth 2.5 billion assume 30% tax rate. .

    So in all, the company could be easily worth 8 billion if it choose to liquidate. Which is worth $16/share.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
7.22-0.17(-2.30%)Jan 23 4:01 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.