Replies to post #666023 on Mr Cooper Group Inc (COOP)

[nranger]

COOP fair value = $216.47 - Simply Wall Street

https://simplywall.st/stocks/us/banks/nasdaq-coop/mr-cooper-group


Excess Returns = (Stable Return on equity – Cost of equity) x (Book Value of Equity per share)
= (44.2% - 11.43%) x $48.43 $15.86
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $15.86 / (11.43% - 1.99%) $168.04
Value of Equity = Book Value per share + Terminal Value of Excess Returns
USD48.43 + $168.04 $216.47

You can call it clever bookkeeping, but simplywall.st hasn't let me down on other stock picks yet.