I am trying to estimate what a fair price would be for a private L&A insurance company, but I don't know a lot about valuations. Basically, I want to estimate what this company's shares would be list if/when they IPO.
Here are the key numbers I have:
- EPS of $3.00
- Book value of $3.5B (3500M/145M shares = $24.14/share )
- Operating income up 40% year-on-year
- Operating ROE of 15%
- GAAP ROE of 16%
- Net income of $440M
- Company launched in 2013 and book value since inception has grown 100% since then.
Any idea what valuation you would put on this or how you would reach that valuation? Not looking for detailed calculations, just a rough estimate.
Thanks.
Submitted October 09, 2017 at 11:42AM by DrunkenGolfer http://ift.tt/2kBC5dS
