$Tingo Group(TIO.US)$fair value based upon today’s reported numbers is $33 per share.
2
4
Translate
Report
BynumMitchOP :
Sure. They reported “Profit after tax per share attributable to Tingo Group for the first quarter 2023 was $1.10 based on the weighted average shares outstanding at March 31, 2023, and $0.33 per share on a fully diluted basis.” 33 cents is for one quarter. 33 multiplied by four (full year earnings per share) equals $1.32 per share annually. This industry has a 25 PE average. $1.32 multiplied by $25 is $33 per share.
BynumMitchOP : Sure. They reported “Profit after tax per share attributable to Tingo Group for the first quarter 2023 was $1.10 based on the weighted average shares outstanding at March 31, 2023, and $0.33 per share on a fully diluted basis.” 33 cents is for one quarter. 33 multiplied by four (full year earnings per share) equals $1.32 per share annually. This industry has a 25 PE average. $1.32 multiplied by $25 is $33 per share.