|Bid||78.44 x 0|
|Ask||78.67 x 0|
|Day's Range||76.00 - 80.18|
|52 Week Range||70.56 - 201.40|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||0.27|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 19, 2020|
|1y Target Est||N/A|
Half Year 2020 Galliford Try Holdings PLC Earnings Presentation
Construction company Galliford Try overstated its net assets by 94 million pounds ($120 million) in 2018 and its accounts have been restated, Britain's audit watchdog said on Thursday. The Financial Reporting Council (FRC) said it had raised a number of issues with the company, including the recognition of revenue on construction contracts, and the classification of certain cash flows in its cash flow statement. "The FRC found that Galliford Try overstated its revenue in 2018, which the company has now corrected," said David Rule, the FRC's executive director of supervision.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Galliford Try plc...