Looking for some direction in valuing IMF. Given the somewhat lumpy and volatile nature of IMF's income flow, the usual assessment of P/E and growth outlook is trickier to apply.
In the recent IMF Investor Presentation they note
1) That historically that they generate gross revenue of 15% of EPV.
2) There is approx $5.6billion total EPV of which $2.4b may settle in FY19
But as for case costs I don't know how to assess.
Then there is the 80-90% historical case success rate, though the 15% of EPV statistic already takes that into account so perhaps that is not necessary for the assessment.
A DCF could apply for a valuation using the next three years of EPV and then some terminal value for continuation?
Has anyone seen an analyst valuation calculation. I would be very interested in the assumptions and methodology.
IMF share price now around $2.60. What valuation calculation can this be compared with?
Would appreciate any thoughts or insights.
IMF Price at posting:
$2.60 Sentiment: Hold Disclosure: Held