Fat Pitch Financials

Special situations, value, arbitrage, deep value
Fat Pitch Financials
Special situations, value, arbitrage, deep value
Contributor since: 2006
FeedTheBull Finance,
My valuation model for MSFT is based on my Fat Pitch Finder Spreadsheet. The increase in intrinsic value associated with the cash adjustment is simply the total change in cash divided by the diluted weighted average number of shares outstanding. $22.7 billion more in cash divided by 10.01 billion shares outstanding is a $2.27 increase in value per share. The original intrinsic value was rounded to $25, so there is some rounding error in the $2.39 change in intrinsic value you note in your comment.