Replies to post #604900 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

That's fair comparison so let's take apples 55 billion net income divided by 4.34 billion common shares outstanding trading at $286.69 and do a little math.

Apple earned $12.68 per share and trades at $286.69 per share.

Fannie Mae earned $14.2 billion with 1.16 billion shares outstanding equaling $12.24 per share and trading at $1.90

Would yah be a dear and run the numbers on the rest of those companies for the board? smile

The topic of discussion is valuation.

Chessmaster went with absolute EV.

I gave an example of how the ordering could be switched if you used net income.

Now you are going by earnings per share and price.


"Markets exist because of differences of opinion among investors." - Seth Klarman

[Golfbum22]

+1

sticky please