Pyrpolizer wrote:Paphitis wrote:Tom Tom Market Capitalisation (based on its current share price) = 2.114 Billion
https://ycharts.com/companies/TMOAY/market_cap
It’s profit in the last quarter was 17.2 million. It’s net cash position is 172 million
It’s total 3/4 net profit is 60.4 million. Therefore total profit for the year should be about 80 million.
It pays a yearly dividend of 0.35 per share = just under 5%. That is it’s anticipated net yield per share (dividend)
So the shares are not over priced.
https://corporate.tomtom.com/news-relea ... 18-results
I didn't ask for it's Market Capitalization, I asked for the nominal value of each share. The reason I asked is because the nominal value is closer to the real value of a company. Interesting to see it currently has about 300 million shares to the public. Can you do the multiplication Paphitis? 300 ^6 *0.35=105.7 million. Are you trying to tell me it's going to distribute all it's profit + in dividends??
And since when is TomTom is paying 0.35 dividends per share??
https://corporate.tomtom.com/investors/ ... end-policy
TomTom has no current plans to distribute dividends.
https://www.gurufocus.com/term/Dividend ... omTom%20NV
It's all zeros from 2013 to date. Even the shaded years from 2008 to 2012 look like zeros to me
Yes you did.
You said that most stocks are over-priced by a factor of about 10.
The market capitalisation for Tom Tom hovers around 2 Billion, which seems to be pretty standard for a company that has 800 million in sales and 80 Million declared profit.
Their profit is probably more than that, as some of their expenses could also have been used to buy other assets. You need to also look at their Balance sheet. What they also have declared is that they have 172 million in cash on hand, so they are pretty flush and healthy.
Their profit equates to about 4% of their market capitalisation and their dividend is 0.35 per annum.
So they do not appear to be over-priced at all.