Fannie Mae-No Politics (FNMA)

[Rodney5]

Intrinsic Value of the Earnings Power of Fannie Mae.

If the Treasury would deem the liquidation preference paid and the Senior Preferred Stock canceled the company's common stock could be relisted on the NYSE and trade at fair value, this could happen only if the Treasury would assure the market that the company has been returned to shareholders as a for profit publicly traded company.

Fannie Mae
07/29/2022
Reports $4.7 Billion for Second Quarter 2022

EARNINGS POWER OF THE BUSINESS
Market Cap $263 Billion
Fannie Mae’s common stock outstanding 1,158,087,567

$4.7 billion net income for the second quarter of 2022.
Fannie Mae’s net earnings $4.7 billion per quarter, a projection of $18.8 billion net per year.

With the WARRANTS: Fannie Mae’s common stock outstanding 1,158,087,567 diluted by the warrants at 79.9 percent adds a total of 5,761,629,686 shares outstanding…

$18.8 billion net / 5,761,629,686 = $3.26 per share of earnings,

PE Ratio of 14 x $3.26 = $45.64 per share intrinsic value,

Market Cap 263 billion / 5,761,629,686 billion shares = $45.64 per share intrinsic value.