Replies to post #514624 on Mr Cooper Group Inc (COOP)

[goodietime]

Evintos, Thank you. Nice calculating.

[JusticeWillWin]

Thank you Evintos, I appreciate your calculations and all the other replies and posts!

An example calculation would be...

take NSM P/E ratio = 59.97 and multiply by earnings per share to get the Market value per share.

59.97 x EPS = P

EPS in this case would be the NSM earnings of roughly $0.30 per share divided by ratio post dilution.

416,012,872 is the amount of shares proposed to be registered for NSM conversion + 206,168,000 for rough amount of total outstanding shares post merger dilution. Round it off to 622 mil for the purposes of this example

622/97.8 = 6.35

Take $0.30/6.35 = $0.047

Take the 59.97 x 0.047 = $2.82 pps(rounded up).

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If it was the WMIH P/E ratio

142 x 0.047 = $6.674 pps

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Of course using any of the current P/E ratios is pointless.
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Last example

Assuming $1.83 PPS (post merger valuation by KBW)/0.047 eps (post dilution) = 38.936 P/E ratio