2- The cumulative net profit of a company traded in BIST is given below. Net Profit/ (Cumulative) 09/2019 494 192 299 TL 03/2020 - 112 936 945 TL 12/2019 502 247 817 TIL 06/2020 - 97 237 576 TL 09/2020 645 167 863 TL This company is now trading at 62 TL per share in Borsa Istanbul. Share Capital is 102 272 000 TL. Calculate PE multiple of this stock. If the average PE ratio of comparable firms in the same industry is 7, would you invest in this stock, is it overvalued or undervalued? Calculate expected price per share.

2- The cumulative net profit of a company traded in BIST is given below. Net Profit/ (Cumulative) 09/2019 494 192 299 TL 03/2020 - 112 936 945 TL 12/2019 502 247 817 TIL 06/2020 - 97 237 576 TL 09/2020 645 167 863 TL This company is now trading at 62 TL per share in Borsa Istanbul. Share Capital is 102 272 000 TL. Calculate PE multiple of this stock. If the average PE ratio of comparable firms in the same industry is 7, would you invest in this stock, is it overvalued or undervalued? Calculate expected price per share.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.4.12P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...

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