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Mayo Welch  

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  • Research In Motion: Fundamental Breakdown [View article]
    You are correct, with RIMMs book value at 18.29 it is roughly 1.4 times the 27.75

    However, when you calculate out the intangible assets that the company has it has a book value of only 13.17, which means that RIMM at the time of writing was at 2.1 times its book value less intangibles.

    The reason I choose to use the intangible value is it is a more concrete estimate of how much you would receive for your shares if the company liquidated.
    Jun 20, 2011. 07:49 PM | Likes Like |Link to Comment
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