How did you guys value MNY? I used recent guidance numbers to get my growth rate. So if MNY hit 35m NPAT going from 32m previously that's a 9.37% growth rate.19 × (1.0937)^10 = .4655 × 8.11 (average PE over last few years) = $3.77 i want 10% return a year = $1.885 IV with today's price we get a 5% margin of saftey. Or if they hit 36m NPAT 12.5 growth rate .19 × (1.125)^10 = .617 × 8.11 = $5 with 10% return a year gives us $2.5 with today's price of $1.79 gives us just over 30% margin of saftey. Intrested to see how other people valued this. Cheers
MNY Price at posting:
$1.79 Sentiment: None Disclosure: Not Held
