Seeking Alpha

bsharvy » Comments » AMTD

  • E*Trade: Very Undervalued [View article]
    Um, hello.... leveraged 50:1 by tangible assets.

    Elephant in the room....
    Oct 22 17:38 pm |Rating: +1 -1 |Link to Comment
  • E*Trade: Very Undervalued [View article]
    The balance sheet is a mess, particularly if you focus on tangible book value. The company attributes $2 Billion in equity to goodwill. It is currently priced well above its tangible book value per share. It is leveraged a whopping 50:1 based on tangible assets.

    Gross profit is very good relative to market cap. It may be a undervalued, but you have to gauge value relative to risk. How stable are its assets?

    BTW, anybody know why Yahoo is reporting negative revenue? It seems to be a glitch.
    Oct 22 13:04 pm |Rating: +2 0 |Link to Comment
More on AMTD by bsharvy
Comments by Ticker
ABB, ABK, ACAS, ACWX, ADE, ADX, AHL, AIB, AIG, AIV, AMD, AMKR, AMN, AMR, AMTD, AMZN, ANW, APF, APOG, APOL, ARRS, ASTE, ATB, AVK, AWH, AWP, AXP, AXPW.OB, AYR, BAC, BANR, BCON, BDT, BDV, BEZ, BGR, BGU, BGZ, BHD, BHP, BIF, BIK, BND, BNI, BQY, BRK.A, BRK.B, BWX, BZ, BZF,
bsharvy's
Comments Stats
130 comments
Rating: 29 (55 - 26 )